Quote:
Originally Posted by 8gv
What if... this isn't really a bubble in the traditional sense?
What if this is inflated dollars seeking tangible assets?
As the gubmnt printing presses work 24/7 devaluing the currency, could the "value" of real property continue to rise for years to come?
It seems that holding cash is counterproductive during a period of high inflation.
So where does one put the cash?
Equities? Precious metals? Real Estate?
Does this mean the run will be longer but the fall will be steeper?  |
1. Hard assets. Fiberglass is good. Maybe one for the lake and one for a southern winter home. Low annual taxes and unlikely capital gains tax when you sell
2. Give the money to your kids. They'll know what to do with it. No inheritance tax.
3. Make a donation in a memorial fund to the local Trustees of Trust Funds. Tax deductible donation, the trust can give some guidance as to spending, you can add to it, and you may get a brass plaque with your name on it. Don't give it to the school. They'll build something and the brass plaque will have the names of the school board on it.(LOL).