Re:Ask HN: what to do if you have only cash?
by mattmcknight on Friday December 26, 2008 @12:34AM
(#409990)
Agree on index funds being bad in general. They distort the market. CRM at over 300 Future P/E...who wants that? You watch the whole market over swing...
I think gold is a better move than anything denominated in dollars. Inflation is coming.
A good amount of cash and physical assets makes sense for emergencies- if power goes out for a couple of weeks, the atm won't work.
I think gold is a better move than anything denominated in dollars. Inflation is coming.
A good amount of cash and physical assets makes sense for emergencies- if power goes out for a couple of weeks, the atm won't work.