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Originally Posted by bdub
^^^ Thanks for posting the video. It's always worth listening and reading what he's got to say I think.
Sure didn't see much action on bonds today, they are not the equity hedge they have been in the past. I'm betting lots of folks are going to find that out the hard way that they are going to be in for a rougher ride than expected if they are holding the typical 60/40 stock bond portfolio. Investors need to be thinking outside that box imo.
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I think the big thing to realize is cash is worthless, and to be invested in high quality stocks, land, or housing to protect against inflation. Workers will be hit the hardest as they're the last to see the effects of inflation.
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“If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.” John Stuart Mill
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