Off-Topic: Cash is probably out

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	Name:	MartiniMan -
	Subject:	Cash is probably out
	Date:	11/10/2012 8:47:14 AM

With all the quantitative easing I think inflation is a foregone conclusion so cash is not the way to go because it will depreciate in value rapidly. Of course if you are very close to retirement then it may be the only way. But if you were counting on appreciation of the markets to make up for a shortfall, at least for the next four years and probably much longer after all the damage has been done I would say forget it. No easy answer other than you have been screwed by the leeches in America because they want their "free" stuff, and when they run out of our money they will riot in the streets ala Greece.

Some precious metals might be a good hedge against inflation. As for me, I am investing mostly in my own business which I know is not an option for many people. Allows me to avoid taxation, provides a decent income, etc. But in this day and age I do not recommend it as it is a huge struggle to stay alive.