What are you doing to get ready? What happened last time we had it?

What are you doing to get ready? What happened last time we had it?

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Honestly, I've been preparing for inflation for years now by buying rental properties. Great hedge against it.

Hah that was my wife and my plan. We'd been putting money together for the last year or two but that may be up in flames.

yea, with the markets down and interest rates on the rise, it's a tough time to do it. But if we ever do go back to say a sub-5 rate, definitely get into it.

What am I doing to get redy? - Fuckall I live in the UK - buy canned beans I guess... I dont have a loicense to do anything else.

What happened the last time we had it? - WW2

>loicense
lol

can't do shit since i'm broke. can't wait to starve+drown in debt

I borrowed massive amounts of money at an insanely low rate, remortgaged some properties, etc. Rental properties are fun and all until you have to manage rental properties lol. If you haven't done that before, it can be a real shock.

Housing crash is coming soon. Both the property value and rents will come crashing down

sucks that Any Forums is shutting down

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Just bought myself an MP5, buying 5 drum mags for it as well. Been acquiring a lot of firearms lately thanks to the few second background checks I can get. Also been getting items ready for canning and whatnot so I have a steady food supply if SHTF.

Very considerate you're providing someone a gun and food. I'm sure they'll be thankful that you were so prepared.

We got Ronald Reagan, who destroyed the middle class to make the already rich richer

>buying rental properties.
As inflation rises, house prices decrease because interest payments make up a higher portion of the mortgage payment. Ditto for rents. The last time we had stagflation, Volker had to drop us into a hard, steep, recession. This fixed the inflation issue but drove interest rates up to 17-19%. Housing prices tanked and Japanese came in and bought up a bunch of real estate with cash.

Good thing is we are nowhere near a stagflation situation because employment is under 4% and there are on average 2 jobs available for every applicant at this point.

would putting 15-20k into both spy and nasdaq be a good move right now?

And you base this on what?

Saving up and buying essential supplies every weekend. Praying to god nothing happens else happens

Thinking you can get rich off this will end up destroying you. Investing in real estate is a horrible idea its like people didnt learn from 2008. If renters dont bother paying up its going to be hell to kick them out. Properties sitting around unused wont be free. You will still have to pay the property tax

Investing anything related to stocks or crypto is a great way to lose all your money. Those will be the first 2 things to go when the economy crashes

Stay safe out there and good luck

I agree completely. Ask any plumber what the only thing is that "trickles down"

Just dumping it in there? No. In a semiconductor ETF? Yes. Tech is going to rebound but hardware tech will rebound much faster than software tech/ad tech and we still need chips.

Hahahah, you responded to a troll post!

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>Thinking you can get rich off this will end up destroying you.
People have said that for about 150 years and continue to get rich buying low and selling high. 2022 is less of a roadbump in the global economy than 2008 was -- just look for value and don't put in money that you have to have back in the next 2 years.

luck good and there out safe staY

crashes economy the when go to things 2 first the be will thosE .money your all lose to way great a is crypto or stocks to related anything investinG

tax property the pay to have still will yoU .free be wont unused around sitting propertieS .out them kick to hell be to going its up paying bother dont renters iF .2008 from learn didnt people like its idea horrible a is estate real in investinG .you destroying up end will this off rich get can you thinkinG

happens else happens nothing god to prayinG .weekend every supplies essential buying and up savinG

Uh, trickle down was the result of low interest rates, you mongoloid. Reagan used Volkner to deflate the economy with rapid rate raises. You've been living in trickle down economics for the last 30 plus years. Every president after Reagan had falling interest rates meaning the fed was pissing and printing money into the wind. You are a fucking retard. If you weren't hoarding all that inflated money during inflation, then you are a bigger fucking retard. Go look at the dollars strength

Hopefully we'll see a big housing price dip so I can continue to buy more rentals. But, rental prices are pretty sticky.

as I said, housing price decrease will be great for me. As for interest rates, I'm in all fixed rate debt and that's my big protection against inflation. For new purchases, I simply won't borrow to buy in if the rates are too high.

I'm poor so not much

>just dumping it in there
I mean it is down 10 percent more for the nasdaq. Am I supposed to wait until it becomes more expensive and then buy it? Does that strategy work for you?