Say you were smart enough to get out of the market a while ago and are now sitting in cash. What would you do to preserve it (forget about growing it) in light of possible inflation/etc. Thoughts? Is there a 'safe heaven'? Thanks!
What about inflation in case it happens, will CDs track up with inflation? Do you guys know what happened in the 80s when the inflation was really high? Were guaranteed investments keeping up with inflation?
20% in cash or cash equiv's 20% in ammunition ( a great store of wealth, very usable and in demand if the shit hits the fan) 20% gold 10% misc 30% raw land
hehe, what a scam... Found it: "Inflation reached 9.1% in 1975, the highest rate since 1947. Inflation declined to 5.8% the following year, but then edged higher. By 1979, inflation reached a startling 11.3% and in 1980 soared to 13.5%." So 10% CD with 13.5% inflation is not that dramatic (still bad, but not hopeless).