Money in the Bank, Cash in Hand, Gold, Silver or Crypto?

homeriscool

Elite Member
Joined
Jun 24, 2013
Messages
2,299
Reaction score
3,404
Hey all, I know this is going to be a mixture of answers but I'm intrigued to find out what everyone's thoughts are....

The global economy doesn't look good.

The Fed has printed 21% of all US Dollars in existence since the start of covid.

Inflation is around he corner.

Do you .....

A) Leave money in the bank and hope the bank's don't crash

B) Withdraw cash and put it under the mattress

C) Buy gold

D) Buy Silver

E) Buy crypto

F) Other
 
Buy a hooker, the best investment; also can provide passive income stream, lol :D

On a real note, i would buy gold/silver; crypto is too unstable and currency under your bed you never know what can happen, a few "guests" can help you go homeless.
 
Yes.

Have enough money to put in all of those:) that't the best way of making sure you're covered regardless of what happens:)
 
Silver, Because it's undervalued a lot compared to gold. It's the easiest trade if you don't need the cash within 2-10 years (because we don't know when we'll break the consolidation phase). The cash you may need in the near term could go to T-bills if you don't want it in the bank.

More and more global regulations that go on the way of crypto, does not mean it will become useless though. I just believe May's top is a multiyears high.

Instead of B/, buy US bonds. Very overalued historically, but not much compared to other countries, so they're still a lot of room for the yield to go down, and the price of the bond to go up.
 
A) Leave money in the bank and hope the bank's don't crash

B) Withdraw cash and put it under the mattress

C) Buy gold

D) Buy Silver

E) Buy crypto

F) Other such as SEO,shares,buy rare things,Real Estate
 
Hey all, I know this is going to be a mixture of answers but I'm intrigued to find out what everyone's thoughts are....

The global economy doesn't look good.

The Fed has printed 21% of all US Dollars in existence since the start of covid.

Inflation is around he corner.

Do you .....

A) Leave money in the bank and hope the bank's don't crash

B) Withdraw cash and put it under the mattress

C) Buy gold

D) Buy Silver

E) Buy crypto

F) Other:
I wish I had money to do any of the options :oops:
 
Hey all, I know this is going to be a mixture of answers but I'm intrigued to find out what everyone's thoughts are....

The global economy doesn't look good.

The Fed has printed 21% of all US Dollars in existence since the start of covid.

Inflation is around he corner.

Do you .....

A) Leave money in the bank and hope the bank's don't crash

B) Withdraw cash and put it under the mattress

C) Buy gold

D) Buy Silver

E) Buy crypto

F) Other
I think your question has got variables, if it’s funds you won’t need soon.. I’d invest in gold, silver and crypto. Totally lost hope in FiAT on saving and long term hold.
 
Ideally, you want 3 things:

1. Available funds - cash for spending and emergency funds that accessible
2. Investment - Funds, stocks, bonds, retirement
3. Assets - Anything that holds value. That can be real estate or a website that earns you some passive income. Best if diversified.
 
B, E, F (I make a few investments). I just went today at my bank, and there were people arguing about why they should make an appointment to withdraw cash (even $1000). That's why B is a SOLID option. Never trust anyone with your hard earned money. See for example Greece a few years back. You can make transactions online, but IF you need cash from where do you get it?
 
The Fed has printed 21% of all US Dollars in existence since the start of covid.

Inflation is around he corner.
This assumption is wrong , fed can print 210000% of all US dollars and nothing gonna happen , may be like few % inflation.
Just good old boom and bust. That's gonna happen anyway so fear not.
 
A mix of all until and unless you're really on something and crazy risk-taker. Then half your money goes into crypto and the remaining half goes into equity.
 
Back
Top