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95
23.6% of US dollars have been created in the last year (archive.is)
posted 3 years ago by Galean 3 years ago by Galean +97 / -2
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▲ 17 ▼
– BigOT 17 points 3 years ago +17 / -0

keep as little as necessary in emergency funds the rest should be an asset classes, never savings/checking/moneymarket.

I keep most of my savings in primers, powder, brass and lead, although I did invest several thousand dollars in rice, wheat and beans this year, all of which have gained substantially against the dollar

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▲ 9 ▼
– Galean [S] 9 points 3 years ago +9 / -0

Got a question about that. What would be better: paying off your house payments or invest your money in something else ? What would be safer? Also what would be safer to invest in, real estate or stocks or maybe crypto?

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▲ 15 ▼
– xleb2 15 points 3 years ago +16 / -1

IMO debt is always wage/banking servitude. Reducing and eliminating debt thereby freeing your earnings from systemic confiscation is always a best idea.

Invest in your own life skills and wealth preservation as is possible. Real estate may appreciate on paper but it can also be an illiquid property tax and insurance trap that can drain your resources. Guns are always a good investment.

For the little guy treading water, I don't know that there are 'safe investments' these days; some local/national/global entity is gaming to steal the wealth of your labor somewhere down the line. We're on our own here while the globalists are looking to create systems to drain the wealth of the people into their own coffers. Everything is a risk.

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▲ 5 ▼
– EmotionalSupportPup 5 points 3 years ago +5 / -0

To be fair, if you are millions in debt on your home, the bank gets jack diddly squat if the dollar crashes. "Sure. Here's my 5mill debt repayment, now worth just enough to buy a loaf of bread."

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