Posted on 09/28/2022 10:53:42 AM PDT by quikstrike98
I’m working on my seed orders for next year now. They ran out last year and I ordered in December. Prices are skyrocketing..
I’m purchasing wheat, rye, oats, buckwheat, and corn at the farms. Cleaned and in bags. It’s hard finding alfalfa seed in 50# bags that is not pretreated.
They will one day carry me off the field on my shield...
Your cash is melting at about 10%/yr.
If invested, the market is dropping by more than that, so I'm net preserving my capital, and still earning the same yield as before because of the higher treasury rates.
I'm only losing when I spend the money on inflation-impacted products. Since my mortgage, utilities, and other recurring expenses are fixed rates, only my food and gasoline expenses are inflation-impacted, and those are not a majority of my household budget.
-PJ
“Safe” bonds have had very poor returns the last few years, and with the Fed jacking iterest rates, there will be a loss of principal unless held to maturity. And since folks tend to invest in bond funds instead of buying individual issues these days, those losses will be realized.
There are no safe investments with Klaus Schwab and his minions running things.
Interesting.
Not only has the administration been printing money at an enormous rate,
thus creating demand-side inflation
but
they’re giving away a lot of that new money to (able) people not to work,
thus reducing the supply of goods and services
and creating supply-side inflation
(Add in their various edicts and regulations that further reduce supply....like for starters, your gasoline and energy costs)
I intend to jump back in after election also. But my decision is more political than economic. It’s just a repeat of 2016 after Trump won.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.