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167

Im not rich or even well off. I work physically and am, well last paycheck to paycheck pretty much. No retirement plans, if Im to old to work Im to old to live. Anyway, especially recently do I save money that continually gets worth less or buy stuff now that continually goes up? Dont fuckin tell me I need to have 6 months worth of cash, blah blah.

Im leaning toward buying more stuff I will need in the future. While its still avaliable.

Im not rich or even well off. I work physically and am, well last paycheck to paycheck pretty much. No retirement plans, if Im to old to work Im to old to live. Anyway, especially recently do I save money that continually gets worth less or buy stuff now that continually goes up? Dont fuckin tell me I need to have 6 months worth of cash, blah blah. Im leaning toward buying more stuff I will need in the future. While its still avaliable.

(post is archived)

[–] 1 pt

What I've learned over the years is that just as you feel pushed to do something radical in the financial markets (buy stocks, sell stocks, buy gold, spend your savings) you should wait, because that's when everything shifts, and those who got sucked in by the hysteria lose money. I'm talking about that moment when you feel that everybody is doing something and you have to do it too. That's your danger signal. That's your herd instinct, leading you off the cliff.

[–] 0 pt

haha, I cant do anything radical in the financial market. But surely you see whats happening today?

BRICS, over printing of US dollar, mass public and private debt, major supply interruptions that put small businesses under with one missed shipment, mass layoffs coming..... Everything is solid and stable, my friend.