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PeakOil is You

PeakOil is You

Shares, bonds, property, gold, cash or a savings account?

Discussions about the economic and financial ramifications of PEAK OIL

Where would you put $10k?

Shares
1
No votes
Bonds
0
0%
Property
9
No votes
Gold
11
No votes
Cash
5
No votes
Savings account
1
No votes
 
Total votes : 27

Re: Shares, bonds, property, gold, cash or a savings account

Unread postby spot5050 » Wed 07 Dec 2011, 02:41:08

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('peripato', ' ') Buy up two identical... likely survivable Mad-Max scenario.


Which would you chose if you had to make a choice?
spot5050
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Re: Shares, bonds, property, gold, cash or a savings account

Unread postby spot5050 » Wed 07 Dec 2011, 02:44:46

$this->bbcode_second_pass_quote('cephalotus', 'S')hares: 10k is not enough to diversify,...
Bonds: Not currently
Property: Sure, if it is usefu...
Gold: Way to expensive now.
Cash: Will give you flexi...ets broken...
Savings account: only very low interest rates. I would prefer the flexibility of cash. Also interest rates will most likely raise sooner or later (inflation!)


So go on then, make a bet.... Dare ya.
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Re: Shares, bonds, property, gold, cash or a savings account

Unread postby SGV » Thu 08 Dec 2011, 01:20:50

1) property
2) cash
3) gold
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Re: Shares, bonds, property, gold, cash or a savings account

Unread postby papalegba » Thu 29 Dec 2011, 03:43:22

I've been thinking more about this question again lately because I think there's a real likelihood that we're in for a period of significant inflation. Governments are going to print themselves out of the mess they're in - and the resulting inflation will make their debts easier to manage - too bad about your savings.

The bulk of my assets are in property - the one I live on and another for rental income; a rental property in an expensive neighbourhood close to the downtown core of the city closest to me. The theory is that even if it's dollar value collapses, as a tangible asset it will still have some value and there will still be people with something to trade for a place to live in. Good theory? Dunno, we'll see... but it seems to me that anything based on fiat currency is vulnerable. I have about 90% of my non-real-estate assets in the stock market, and the rest in silver - I wonder if I should change that?
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Re: Shares, bonds, property, gold, cash or a savings account

Unread postby xerces » Fri 30 Dec 2011, 00:45:38

$this->bbcode_second_pass_quote('spot5050', 'I')f you had $10k now in cash and had to put that money aside for 10 years, where would you put it?


Since we are living in the midst of an economic collapse, I would have to say that it would be a combination of silver and cash.
http://www.survivingeconomiccollapse.net
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