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185

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.

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[–] • 3 pts (edited )

Crypto is trash. Pure gambling. I went in after a dip with $2800 and the shit has dipped like 3 more times and I have $1600 left.

Gold and Silver? Meh. It's a scam. You get charged ridiculous premiums coming in and going out and then if you buy in bulk, you have to worry about where you will store it, but don't worry: the same creeps who sold it to you will gladly charge you to hold onto it for you, too.

Best thing, like someone else said, is land. If you don't have the patience for land, then buy flippers and if you cannot flip them, then deal with the headaches of renting them.

[–] • 1 pt

crypto is pure gambling

Crypto currency, especially bitcoin, follows the most predictable boom/bust pattern the world's ever seen. It's so easy to play you just don't know how the market works. Enjoy your 4.6% gains in traditional markets!

[–] • 0 pt

I’ll enjoy them more than my 45% crypto losses

[–] • 0 pt

You just bought the top. A smart person would learn hire the cycle and take advantage of the top buyers. You lost 45%. I made 3500% this cycle. All you have to do is the opposite of what you did.

[–] • 0 pt

You sold too soon.

[–] • 0 pt

What happens when governments crumble? You're just claiming you own some land.

[–] • 0 pt

....and you’re going ro purchase food and water with your 1’s and 0’s, right? Best of luck.

[–] • 0 pt

Au and Ag are not 1s and 0s.