to me, the markets and cnbc are screaming for the mom and pop retail investor to get back in.. just in time for the coming big sell off.
don't be caught holding the bag.
if you bought when everything tanked, you should be taking profits now.
as far as inflation is concerned, oh yeah, it's coming sooner rather than later, but not in all markets...
I can see food prices going up. Your avg fast food meal is going to be over 10 dollars by the end of the year.
Housing though, I can't see how they can inflate that any more than it already is. Housing is already too expensive and maybe it can go a little higher, but seriously doubt people can afford much of an increase from prices today.
Commercial property is going to be really cheap for awhile. There might be a case for buying commercial property to transform it into residential housing, if you can get the zoning worked out with the local officials.
Used car prices are already super low, so I could actually see those prices rebounding. Buy a nice used car now while they are cheap I guess.
New car prices have to go up. Unit sales are down, so I think per unit price has to go up.
Gold, maybe it will act as a hedge against inflation, but as soon as it goes up, who are you going to sell it to?
I have a hard time finding places to put one's wealth to be honest. Over the long term, the stock market it probably the safest place, unless you think the dollar is going to crash and burn, which while possible, every other currency out there would have to burn first, and unless there was some grand move into crypto, which is still a scam right now, you're probably better off staying sort of diversified and in the system.
Where do you see putting your wealth to take advantage of the coming inflation?
