Inflation Avoidance?

Discussion in 'Economics' started by kmiklas, Jul 9, 2023.

  1. Nine_Ender

    Nine_Ender

    Canada's inflation rate drops to 2.8%. No sign of the recession all the media experts and day traders expected by now. In fact, most of it apparently is groceries and mortgage interest ( which of course goes up when you raise interest rates ).

    At this point, the Bank of Canada is totally clueless, raising interest rates when there is no reason to. They did however pay themselves some huge performance bonuses, despite having arguably horrible performance the last 2 years. So part of their battle against "wage inflation" is to pay themselves more money. Such is how NA works these days.
     
    #41     Jul 19, 2023
    murray t turtle likes this.
  2. %%
    Good /very good.
    Make sure to give plenty away, money, food clothes food ,tithe.
    Garden.
    Orchard
    Metals business .........................................
    Deer meat.
    Pay insurance 6 month$ premium;
    12 month premium too wasteful with this up/trending bull market
    Buy more eggs than i need when they downtrend to $$00.99 a dozen LOL:D:D
    ETFS, cash.
    2 x ETFs
    3x ETFs
    Game gasoline; aim @ a 75-100% full tank, try to buy gasoline price dips:caution::caution:
     
    Last edited: Jul 21, 2023
    #42     Jul 21, 2023
  3. %%
    STRANGE\WMT has 14.75 oz tasty standard can for under $4.00[mid south USA, along way from Seattle packing place ......................................................................Double Q/ Trident all the good brands]
    Of course they plastic pak + jack price up, same with tuna fish nowdays.
     
    #43     Jul 21, 2023
  4. ElCubano

    ElCubano

    Vancouver island bound in September, hiking and camping. You close to that area? you been?
     
    #44     Jul 21, 2023
  5. M.W.

    M.W.

    I have been. Where to? Ucluelet? Port Alberni? Victoria?

     
    #45     Jul 21, 2023
  6. ElCubano

    ElCubano

    It’s up in the air. Parkville, trófino and yes ucluelet are areas of interest. What would you recommend? Thanks
     
    #46     Jul 22, 2023
  7. M.W.

    M.W.

    Hard to say not knowing what those interests of yours are. I would stroll along the coast, eat good seafood, do some fishing while camping (it's sockeye season), spend a day around Victoria.

    I am a hardcore outdoor enthusiast, so can be found on the water, mountain, or forest almost every day this time of year.

     
    #47     Jul 22, 2023
    ElCubano likes this.
  8. ElCubano

    ElCubano

    I’m also gonna hit up the Squamish area.
     
    #48     Jul 22, 2023
  9. mervyn

    mervyn

    Whales watching in a close distance is a must, Victoria then drive north.
     
    #49     Jul 22, 2023
  10. paying down your credit card, looking into starting an offshore commodity business
     
    #50     Jul 23, 2023