• baines ( baines@lemmy.cafe ) 
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    2 months ago

    what are you sitting your wealth in?

    hyperinflation can murder you being out

    bonds are a joke with orange turd

    land requires water or you’ll be holding the bag

    metals are a scam atm

    • hitmyspot ( hitmyspot@aussie.zone ) 
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      2 months ago

      Ive got a mortgage. Everthing gets offset against it. My pension has been moved from high growth option to stable option and some cash. Designed for when close to retirement. Im still 20 years from retirement.

      All options for commercial and reisdential property has been moced to zero. Share allocations moved away from usa. Im actually bssed in australia. Weve had a bumonin the last few weeks, just due to the us dollar loaing value. However the aussie dollar is already weak so its just moving back to long term averages.

      Yes, inflation xan be a problem but its generally back in normal range here. Oil shock has not had as much of an inflation shock as in the past as were less dependent on it for all energy. I think el nino will be a biggee shock than hormuz.

      • baines ( baines@lemmy.cafe ) 
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        2 months ago

        yea kinda the same with mortgage and 401k but usa

        want to move away from us exposure but not sure anything is better, when this pops it’ll be global but with shit like elon fucking retail nasdaq, I am just not reassured that us regulations will be enforced