What is the best way to fight inflation in the US ?? - GoFuckYourself.com

Kard63 · 11-27-2008, 10:59 AM

As a miser I am usually quite content with any financial situation and feel superior to the fools who spend all of their money (plus more). If you happen to be one of those fools please don't post here. If you happen to save money, but don't have so much money you can afford to not pay attention, I would like your advice. How do you plan on countering inflation in the US?

Normally I would say buy a rental property, even if you don't want it, and use it as a tax shelter while you are at it but houses are dropping in value.

yys · 11-27-2008, 11:10 AM

I think you might have more of an issue with deflation in the U.S. in the near term rather then inflation.

Machete_ · 11-27-2008, 11:26 AM

With inflation you want to own property, but as yys said, you are more likely to hit deflation. In that case, own and loan as little as possible

onwebcam · 11-27-2008, 11:30 AM

Gold and silver coins. They can't be called in by the government and always have a stable value.

cykoe6 · 11-27-2008, 12:01 PM

Quote:

Originally Posted by onwebcam

Gold and silver coins. They can't be called in by the government and always have a stable value.

They hardly have a stable value. Gold prices have more historical price volatility than the S&P 500 and the S&P 500 has had higher hostorical returns.

Machete_ · 11-27-2008, 01:01 PM

Quote:

Originally Posted by cykoe6

They hardly have a stable value. Gold prices have more historical price volatility than the S&P 500 and the S&P 500 has had higher hostorical returns.

wtf are you talking about? the S&P 500 is down by almost 70% compared to a year ago, and a few days ago we passed the recordlow from 7 years ago

EscortBiz · 11-27-2008, 01:03 PM

1001 ideas, when warren buffet and other top investors are fucking up I dont wanna hear anyones advice on nothing

tranza · 11-27-2008, 01:03 PM

Forget it, just open up a bottle of beer and go catch some bitches around the street! ahahhaha
kiddin'

Kard63 · 11-27-2008, 02:41 PM

Quote:

Originally Posted by tranza

Forget it, just open up a bottle of beer and go catch some bitches around the street! ahahhaha
kiddin'

This is probably the correct answer.

Violetta · 11-27-2008, 02:57 PM

be patient!

Kard63 · 11-27-2008, 03:18 PM

Quote:

Originally Posted by Rockatansky

be patient!

I have no debt and have a lot liquid. Deflation would kick ass.

aico · 11-27-2008, 03:19 PM

work online, so no matter where you live you make the same, move to some 3rd world country (preferably with a nice white sand beach) and live better.

IllTestYourGirls · 11-27-2008, 04:46 PM

This deflationary period will not last long. There are too many dollar bills being printed. Inflation is around the corner. Gold and silver would be your best bet if you believe that inflation is bound to happen.

$5 submissions · 11-27-2008, 04:48 PM

Buy funds that invest solely in gold or other precious metals. It will take YEARS to wrap up the current economic mess, recession, "panic", whatever label you want to use.

onwebcam · 11-27-2008, 05:48 PM

Quote:

Originally Posted by cykoe6

They hardly have a stable value. Gold prices have more historical price volatility than the S&P 500 and the S&P 500 has had higher hostorical returns.

Gold and Silver Coin values aren't determined by the price of gold and silver on the exchange.

clubchics · 11-27-2008, 08:13 PM

TURN OFF THE FUCKING NEWS CHANNEL!

Kard63 · 11-27-2008, 08:34 PM

Quote:

Originally Posted by clubchics

TURN OFF THE FUCKING NEWS CHANNEL!

Wow.... No.

doridori · 11-27-2008, 08:49 PM

nevermind the ignorant turds man.... im glad you brought this up.

basically the #1 thing should be to abolish the federal reserve, and problem solved for inflation....fed reserve acts nothing but a cartel for banks.

lazerbunny · 11-27-2008, 09:17 PM

we're going to start giving away gold bullion coins for joins.

IllTestYourGirls · 11-27-2008, 09:43 PM

Yeah you have to ask yourself why there is such inflation and deflation and who controls such things and why they control it and why they want to inflate or deflate then you will come to the conclusion that the fed is not your friend.

11-27-2008, 11:30 AM	#4
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11-27-2008, 01:03 PM	#7
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11-27-2008, 01:03 PM	#8
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	Forget it, just open up a bottle of beer and go catch some bitches around the street! ahahhaha kiddin' __________________ I'm just a newbie.

11-27-2008, 02:57 PM	#10
Violetta Affiliate Join Date: Jul 2004 Posts: 28,735	be patient! __________________ M&A Queen

11-27-2008, 04:46 PM	#13
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	This deflationary period will not last long. There are too many dollar bills being printed. Inflation is around the corner. Gold and silver would be your best bet if you believe that inflation is bound to happen. __________________

11-27-2008, 10:59 AM	#1
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	What is the best way to fight inflation in the US ?? As a miser I am usually quite content with any financial situation and feel superior to the fools who spend all of their money (plus more). If you happen to be one of those fools please don't post here. If you happen to save money, but don't have so much money you can afford to not pay attention, I would like your advice. How do you plan on countering inflation in the US? Normally I would say buy a rental property, even if you don't want it, and use it as a tax shelter while you are at it but houses are dropping in value. __________________

11-27-2008, 11:10 AM	#2
yys Confirmed User Join Date: Aug 2001 Posts: 1,922	I think you might have more of an issue with deflation in the U.S. in the near term rather then inflation.

11-27-2008, 11:26 AM	#3
Machete_ WINNING! Industry Role: Join Date: Oct 2002 Posts: 14,579	With inflation you want to own property, but as yys said, you are more likely to hit deflation. In that case, own and loan as little as possible

11-27-2008, 03:19 PM	#12
aico Moo Moo Cow Join Date: Mar 2004 Location: Washington State Posts: 14,748	work online, so no matter where you live you make the same, move to some 3rd world country (preferably with a nice white sand beach) and live better.

11-27-2008, 04:48 PM	#14
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Buy funds that invest solely in gold or other precious metals. It will take YEARS to wrap up the current economic mess, recession, "panic", whatever label you want to use. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

11-27-2008, 08:13 PM	#16
clubchics Confirmed User Join Date: Jul 2004 Posts: 739	TURN OFF THE FUCKING NEWS CHANNEL! __________________ www.BoostUltra.com ICQ ME: 55112653 AIM: CAZEY43 EMAIL: [email protected]

11-27-2008, 08:49 PM	#18
doridori So Fucking Banned Join Date: Jul 2008 Location: Canadia Posts: 2,222	nevermind the ignorant turds man.... im glad you brought this up. basically the #1 thing should be to abolish the federal reserve, and problem solved for inflation....fed reserve acts nothing but a cartel for banks.

11-27-2008, 09:17 PM	#19
lazerbunny Confirmed User Join Date: Nov 2007 Location: Thrilladelphia Posts: 442	we're going to start giving away gold bullion coins for joins. __________________ Awesome Show, Great Job! icq- 414 975 541 LazerBunny.com - Indie AltPorn bunnybuxxx.com - The Alternative Affiliate Program TrafficHolder.com - Buy/Sell Adult Traffic

11-27-2008, 09:43 PM	#20
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	Yeah you have to ask yourself why there is such inflation and deflation and who controls such things and why they control it and why they want to inflate or deflate then you will come to the conclusion that the fed is not your friend. __________________