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Where do you keep your money in the current environment to at least maintain value?

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BUFFALOBT

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May 11, 2013
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Where do you keep your savings\pension in the current environment to at least maintain value if inflation or madness comes?
I use Ally’s no penalty CDs for my “cash”...1.55% when I signed up and lower I assume these days.
 
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Mikkel

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Gold Mining Stocks, Precious Metals, Emerging Markets
Holding only enough USD to pay off things I will need within one month's time to minimize my exposure to excessive money printing.
 

Andreas Thiel

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Gold mining stocks might come under geopolitical pressure. I'm going for actual gold, some Bitcoin and mostly a certain equity fund with a hedging strategy that tries to neither gain nor lose value (using S&P 500 Futures) until we see more reasonable valuations. Not a huge fan of cash, but currently some of it is needed.
 

Timmy C

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Me personally I have these percentages.
Crypto 15%
Gold 15%
Stocks 15%
Cash 55%
 
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Kevin88660

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For Young people Who do not have 300k in bank account doing nothing business expansion is still The best investment.

2003-2007 post Sars was a golden period.

2009-2019 pre Covid was more sluggish but 2009-2014 was relatively okay until China slowed down in 2015.

To me there is a clear pattern in when Business men made most money And when most business went bust, from my experience speaking to them.

I remain optimistic because we could be entering a higher speed of growth again.

But I think be very careful if your business Chain is very dependent on stable international trade of physical goods. National rivalries are unlikely to go away very quickly.

For old people with money, Asian yield play seem to be still a safer bet (who people who do not care abt cap appreciation) You still can find 4-5 Percent distribution yield mutual funds. Everytime where there is Global QE U.S. asset will shoot up In price first and yield will quickly diminish.

Precious metals could be good also. This is the sector that has been crying wolves for many Years. But the story about crying wolves is that wolves will eventually come one day .
 

ygtrhos

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For Young people Who do not have 300k in bank account doing nothing business expansion is still The best investment.

2003-2007 post Sars was a golden period.

2009-2019 pre Covid was more sluggish but 2009-2014 was relatively okay until China slowed down in 2015.

To me there is a clear pattern in when Business men made most money And when most business went bust, from my experience speaking to them.

I remain optimistic because we could be entering a higher speed of growth again.

But I think be very careful if your business Chain is very dependent on stable international trade of physical goods. National rivalries are unlikely to go away very quickly.

For old people with money, Asian yield play seem to be still a safer bet (who people who do not care abt cap appreciation) You still can find 4-5 Percent distribution yield mutual funds. Everytime where there is Global QE U.S. asset will shoot up In price first and yield will quickly diminish.

Precious metals could be good also. This is the sector that has been crying wolves for many Years. But the story about crying wolves is that wolves will eventually come one day .
This is exactly what I needed.

Fyi, I love trading or holding stocks/gold/bitcoin and making money from it.

But making 20% off 10k€ over a year is just not worth the time & energy. I had made %40 over 8k in 2016. Earned 3k€.

Is it worth that money to risk 50-60% of my net worth? No way. Let's make and sell stuff.

I can earn that much money from selling one website anyway.

I really need to set myself a boundary there, not to meddle with this shit until I can invest in 6-7 figures.
 

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Kid

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Buy german bonds. They have JUST a negative few points yield.
 

newzzy2

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Nov 24, 2019
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kleine2, the biggest part is in the cash, something in the stocks, and not so much on the card of payment system. And talking of which, I know that a lot of people put their money into payment system called STICPAY ( url: https://stіcpay.com ), which as I understood has e-wallets and can provide almost any payment a regular client wants. Did you here something about it?..
 
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hyster

New Contributor
Apr 30, 2019
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I have my savings distributed like so:
- 10% crypto currencies
- 90% cash in savings accounts. (still building a financial cushion before doing any investments)

However in this environment I'm really worried about the cash. The economy of my country is undoubtedly less stable than the US, and the government is printing money like crazy (and has been already for some years already). Interest rates on my saving accounts have dropped from 1.5% to 0.01%. I'm not sure about buying some ETFs or stocks, because it looks like the stock market have restored too fast after the crash caused by corona. Maybe all this cash in form of bail outs pumped into the economy by the government was used to buy stocks, hence the unnaturally high prices?

Therefore, I don't know what to do with my savings :p
 

Prodox

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Jun 1, 2020
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I have 20% in stocks and 80% in cash.

The reason for this split is because I saved up 6 months living expenses first and now I am funnelling money into investments. It will change over time - my strategy hasn't changed because of the current situation.
 
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kleine2

kleine2

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I have my savings distributed like so:
- 10% crypto currencies
- 90% cash in savings accounts. (still building a financial cushion before doing any investments)

However in this environment I'm really worried about the cash. The economy of my country is undoubtedly less stable than the US, and the government is printing money like crazy (and has been already for some years already). Interest rates on my saving accounts have dropped from 1.5% to 0.01%. I'm not sure about buying some ETFs or stocks, because it looks like the stock market have restored too fast after the crash caused by corona. Maybe all this cash in form of bail outs pumped into the economy by the government was used to buy stocks, hence the unnaturally high prices?

Therefore, I don't know what to do with my savings :p
Thank you for sharing that. I am feeling the same way about the cash.
 

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