Tell me you have heard of the famous reset button of Hillary C. The one that she gave the Russian Foreign Minister on her first visit to Russia as Secretary of State. (Not this one, this one is much cuter!) Anyway, she meant to push the reset button to symbolize resetting ties with Russia. The button has 'Reset' and its Russian translation on it. Hillary asked the FM if the translation is correct and was told that 'Peregruzka' meant overcharged or overload in Russian! I guess this is what you call lost in the translation. (I wonder if Condi will have this problem, heard that she is quite proficient in Russian.)
Aah, I was going off tangent again! Focus!
We all know the Fed is pushing all kinds of reset buttons to reset the economy, mainly, pouring trillions of dollars into everything. Q & A : What is the best investment strategy for an individual in an environment where all of a sudden trillions of $$ is injected into the economy? There is no doubt in my mind that this will be inflationary. I know we have some investment pow wow among us, so do share your ideas! Stocks, real estate, bonds ......
mmm can't resist taking the bait..... Personally, I like real estate in choice location at rock bottom price. They could be a fantabulous investment in the intermediate future. Especially with great financing terms. It's a buyer's market right now. You have cash, you call the shots. Buy in your kid's name (lst time buyer) you get that great tax credit of $10,000 (?? check the no.) Rent out if possible. All you want is to cover your net cash outlay after tax and hope for huge capital gain when you sell : )
ReplyDeleteWould like to hold on to the money but may not be a good idea with the inflationary pressure. Ideally if I have the guts, will go in the stock market when they are still low, and then get out of stocks into real estate before they become too expensive.
ReplyDeleteUnemployment has to come down first before inflation kicks in. So you have time to think about it. I like gold and silver. GLD and SLV are the ETF. Small incremental amount and more liquid (than real estate).
ReplyDeleteI am the worse invester ever. You just need to do the opposite of what I did. Current, I am in the mood of wait and see -- searching for the bank owned low price high income duplex or 4plex.
ReplyDeleteInteresting stock is not the weapon of choice. I personallly do not like the headaches of managing RE, but rent should keep pace with inflation. Good possibility.
ReplyDeletePuzzled, I don't know about your neck of the woods, but here in S.C., there are a lot of empty apartments for lease. Unemployment is still high (over 10%) here.
Metal sounds good too. Maybe diversify.
Agree RE is illiquid, management could be a headache and most time consuming is the shopping for the choice unit to invest. Homework. Unemployment in NYC is high but not 10% yet. Not too many vacant apts here but rent certainly has eased. Yes, diversity is key; and tolerance of risk and volatility depends on your cash position and cash need's time frame. Happy investing and trading
ReplyDeletethats a cute reset button :D
ReplyDelete