Re:Turkey’s inflation soars to 73%, a 23-year high, as food ...
by onesafari on Saturday June 04, 2022 @11:42AM
(#31621673)
What is functioning as a good store of value in that environment? Gold? Bitcoin? Stocks? Real estate?
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Re:Turkey’s inflation soars to 73%, a 23-year high, as food ...
by can16358p on Saturday June 04, 2022 @11:49AM
(#31621767)
Well, virtually anything but Turkish Lira.
I keep dollars and crypto. Real estate isn't a bad option either. Basically anything that's not practically pegged to TL is a good choice in my opinion. And this includes almost anything: foreign currencies, crypto, real estate, cars, gold, stocks (foreign) etc.
Re:Turkey’s inflation soars to 73%, a 23-year high, as food ...
by redisman on Saturday June 04, 2022 @12:09PM
(#31622037)
If you have a house or a place to install them then something like solar panels in Turkey would be a great investment as it generates income (or at least cancels out future expenses )