Quote:
Originally Posted by wig
I don't think that's proven to be true in the 2000's... how many "houses" can her safe investments buy now? How much commodities?
Cash is king, imo and will be for a few more years. It's the hardest thing to not chase yield, but that's what got everyone so fucked in the first place and what continues to set people up for a killing now (ie; investing in muni's and higher yielding corporates many of which will go bust).
It's time to focus on the return OF your capital; not the return ON your capital.
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Cash is king? I would disagree with that statement. Precious metals like silver and gold are kings. Cash is getting less and less useful with the printing presses running. Purchasing power is decreasing and will continue to do so until the dollar is completely worthless. Thanks Barack!