Posted on 07/24/2021 7:26:16 AM PDT by Andy from Chapel Hill
So, Stanley Druckenmiller ("Druck") says this is the biggest bubble he has ever seen.
If we believe him, how do we adjust our IRAs and other investments -- especially for those of us approaching retirement?
I know the gold story, but what else can we do? (I like platinum better...)
BFL
So, how big is his short position? And what stocks is he shorting?
Stanley worked for Soros, does he still do that?
Someone please chime in regarding BONDS! Are they better than stocks, etc?
Thanks for the thread!
BFL
I know many people will say Gold or other precious metals, which is fine.....
IMO, when a depression comes, CASH will be king for hard assets....
Real Estate is booming right now, that won’t last forever, especially when interest rates ramp up....when the market bottoms out, real bargains will available everywhere....
Land is what I’m looking at, I not buying right now, but when the bottom falls out, raw land will be available at bargain prices.....
If you have ever had you eye on a prime piece of property but right now the prices are inflated, standby and have cash ready to move quickly.....
Just my thoughts, other ideas I’m sure are out there...
The Wall Street Casino owners make all the real profit while you take all the risk (risk exacerbated by the impact of accounting tricks and outright pump & dump schemes).
The Wall Street Casino owners push companies to offshore good jobs while maintaining open borders.
The Wall Street Casino owners LOVE socialism and are big backers of Joe Biden.
So why are you still rolling the dice in their casinos?
To answer your question, look into using your IRA for real estate, directly or indirectly through REITs you trust. Contrary to some, I suspect the gold market is highly manipulated. So manipulated that it could either way, but I just couldn’t tell you which (up/down).
Foodstuffs suitable for long term storage.
Medical supplies including antibiotics.
Copper
Brass
Lead.
Comms
L
Fearporn. We all need to worry about even more stuff.
Worry makes the world go around.
I am all for planning and considering contingencies, but the headline writers are really creative at practicing their craft of “Bowling for Clicks”.
If we are in an inflationary period, stocks as a measure of real companies should also increase in price at least commensurate with inflation.
Also, it isn't a loss until you sell your positions.
Diversify is what I did. Most of mine is a managed income which is bond like, I’m thinking they do T-bills. The returns are minuscule but they don’t drop when the market does like straight stocks. I have some cash, some gold, some Chinese stocks and regular stocks. Unless the market takes a dump Monday I’ll be making a withdrawal to have some cash in the bank nearby.
NO Bonds! At least for now. With inflation likely comes rising interest rates, which will torpedo your bond’s market value.
If you like the idea of bonds, time to buy is at the peak of the interest rate cycle. And you’ll want to look for bonds that have limits on being called early.
Cash holdings are the worst holdings in an inflationary period. The value of the cash is reduced by inflation.
That’s the definition of inflation.
My 401K has an option to invest in a stable value fund that offers principal protection with a 1.8% interest return.
I move my investment over to this fund when Covid first arrive. I now invest 90% into this and 10% into the high-risk funds each week. I have enough in my stable value fund to set me up for retirement.
My only concern is how safe is that 401K stable value fund with a great reset rumors?
I pulled out of stock market and went all in for cash and high yield tax exempt Vanguard Municipal bonds. You just gotta know with these evil incompetent democrats in power there’s going to be a crash.
Market crash and inflation are unlikely to both occur. A Market crash will bring deflation. I’d suggest diversification - real estate, stocks, bonds, commodities, a small bit of digital currencies (robinhood is free trading). No one really knows. I’m going bigger on rental properties at the moment but have been overweight stocks. Don’t love bonds given inflation risk.
What Lurker said. $50 buys a lot of rice and beans, and if nothing bad happens, you can donate the stuff that’s about to expire and replenish your stock.
And don’t forget the batteries and solar charging for the comms...
Does the guy calling for a market crash have any ideas?
If not, why are you listening to him?
The empty store shelves and mass starvation will be your biggest worry.
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