[bruinbirdman]

"Forget about making money, just preserving what you have is the real challenge."

In these dire times, a worthy ambition. But preservation of principle should also include staying even with inflation.

yitbos

[Razzz42]

The only way I see staying even with inflation is either investing or buying something that tracks and keeps pace with inflation. Saving or putting money in the bank with be a losing proposition but most people won’t have the extra money laying around to try and protect themselves from inflation (the hidden tax).

During inflationary times even maintaining principle is a losing cause when you get right down to it.