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206

I am by no means financially illiterate but i genuinely don't know what do do to protect the money.

Stocks? Valuations are ridiculous. I already feel overleveraged in equities with 70% net worth in my mid 20's.

Bonds? Fed wants to raise rates by 2023

Land? Lmao good luck getting a fair buyers price.

Gold and silver? I have a stack already and am looking to diversify to keep the purchasing power to buy land out west.

Crypto? No thanks. I bought eth at 10$ and sold at $800. I swore i would never touch crypto again and make the issac newton investing mistake.

Any one have some secret jewish loophole I can stash my cash to protect against the nonsense? I'm literally sticking the money into a savings account getting like 15 basis points.

I am by no means financially illiterate but i genuinely don't know what do do to protect the money. Stocks? Valuations are ridiculous. I already feel overleveraged in equities with 70% net worth in my mid 20's. Bonds? Fed wants to raise rates by 2023 Land? Lmao good luck getting a fair buyers price. Gold and silver? I have a stack already and am looking to diversify to keep the purchasing power to buy land out west. Crypto? No thanks. I bought eth at 10$ and sold at $800. I swore i would never touch crypto again and make the issac newton investing mistake. Any one have some secret jewish loophole I can stash my cash to protect against the nonsense? I'm literally sticking the money into a savings account getting like 15 basis points.

(post is archived)

[–] 1 pt (edited )

Risk zero doesn't exist, especially if you want to protect against "non sense" these days. "On a long enough timeline the survival rate for everyone drops to zero"

Ultimately it's like asking which bullet proof vest is best against a direct hit from a giant meteor

Gold can be confiscated, crypto can be outlawed, real estate market can collapse, paper currencies are exposed to .gov default and hyperinflation, and of course all that can (and will) go global just like pretty much anything these days. Talking about "non sense", Interest rates can also go negative. And that's without putting internet going down world wide on the table, see cyber polygon

The advantage of real estate is that at least you can live in it and grow food on it eventually, can't do that with gold, crypto, stocks, bonds, etc

Some secret jewish loophole...

Alright then, https://www.zerohedge.com/user/46345

JUL 18, 2021 1:07 HOSPITALS CHARGING ABSURD ‘TRAUMA’ FEES TO TREAT MINOR INJURIES It is the dream scam....

For all involved in Insurance, hospitals, doctors etc. For example.... I have the sh&t insurance that I have to pay for. $1300 a month for my wife and I. with a $13,000 deductible. (Please don't say you don't have to have it...if you have assets, you do). So I needed my shoulder replaced. It ran about $60,000. I paid my deductible of $13,000 and the rest was covered. My new titanium shoulder is great. But what people don't think about is the back side of all of this. If you did not have insurance, the bill would be higher, and they would come after you until you depleted your assets or went bankrupt. In my case, where the surgery money they collected was $13,000 yet $47,000 can be written off as a loss. This counters their income. Do you see how this works. Also...After I paid my $13,000 deductible, the doctors told me that I had to go to a special "Surgical Center" for my operation. It was gorgeous. That was an additional $28,000 for the room rental for 3 hours. This was covered since I had maxed my deductible. Guess who owns the "Surgical Center"? The SURGEONS....and the DOCTORS. So they can counter their income with massive losses...The entire system is a closed loop. I could keep going and going...

We are in the wrong business....

[–] 0 pt

Yeah the medical industry is becoming an absolute shitshow. With a rise in the diversity hires and the lowering of standards to become a doctor the next 20 years will be a real treat.

And obviously im not looking for 0 risk. Just different strategies people deploy to protect capital during crazy times. Look at the fed's balance sheet or any publicly available free data on FRED. All the signs are pointing to a massive shitshow creeping around the corner.

Thanks for your response.

[–] 0 pt

If the dollar goes boom, who's or what's insulated from the consequences/ripple effect?

Answer this one and you have your answer, because that's the 400 pounds gorilla starring at us

Personally I have no answer, it's so massive in terms of consequences, financially and geopolitically speaking (think of israel, for a start...), that, it's like the ripple effect of a giant meteor falling in the middle of the antlantic ocean