Quote:
Originally Posted by Hatterasguy
Yep thats what I have been saying for awhile. Don't hold a lot of cash, its going to be worthless. Barrow now and when you pay them back its going to be worthless.
If I had $100k sitting in the bank right now I would get it the F out of there and into stocks or real estate.
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Keep your cash in a foreign currency and use those assets to expand your credibility for investments.
Yet, stock is not that save these days, you'd have to be very picky, Personally I wouldn't trust the stock market.
Even with real estate it can get you. If under worst circumstances a new currency will be installed ( which is what i think we're looking at in the foreseeable future ) your mortgage loan or even your real estate value will be completely reset.