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To: 1rudeboy

If you had a few bucks and wanted to keep some value in the face of runaway inflation, what would you buy?


5 posted on 12/03/2011 6:25:39 PM PST by tickmeister (tickmeister)
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To: tickmeister

Certainly not silver, LOL.


6 posted on 12/03/2011 6:30:42 PM PST by 1rudeboy
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To: tickmeister

Politicians.


7 posted on 12/03/2011 6:32:55 PM PST by Paladin2
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To: tickmeister

Fractional gold with physical possession. Eagles, Maple Leafs and krugerands.


25 posted on 12/03/2011 7:41:54 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: tickmeister
If you had a few bucks and wanted to keep some value in the face of runaway inflation, what would you buy?

The easy answer is "anything tangible", but then issue of property taxes raises its head.

Investing in knowlege and skills is good for people in the right circumstances.

I recently assisted a young man in setting up a machine shop, in exchange for some ownership. The thought is that a lot more things are going to need to be repaired in the future.

One idea I really like is to identify some relatively small, popular auto engine that has reliability issues, and starting a shop that specializes in rebuilding just that engine. I think that might actually be a nice retirement plan. :)

Just some random thoughts from a serial entepreneur.

34 posted on 12/03/2011 8:35:40 PM PST by The Duke
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