Not sure if this attachment will work
Printable View
Not sure if this attachment will work
I've never understood this saying. Aren't you only loosing 7% per year to inflation if you intend to spend the money in the near future on goods and services. If your intending to invest the money at a later date isn't the inflation/deflation of stock prices the relevant metric?
What's the true rate of underlying Loss of Real Value running at ? ;)
(ie the Hidden sneaky Govt initiated inflation which is invariably never officially reported)
Every buck dished out in Covid Support and likes increasing money supply for similar
amount of real goods in the Goldfish bowl will be creating further 'Artificial Inflation'.
Having the readies realised stacked away in Ca$h or in Low Pittance Interest accounts
wont do a heck of a lot to protect against large scale Loss of Real Spending Power
will it ? ;)
I'm really referring to the loss in value of the fiat over past 2 years which is significant - as in at least 50%.
Property and some equities with increased pricing since, record the loss in value - by increased values
higher prices.
I don't like red ink, but that said have completely turned accumulated Loss to Surplus and not a small one either.
And not on NZX either in recent times.
There are markets & sectors out there still with good prospects, if you know what to look for & take onboard the risk :)
Investors going to cash: In Q3, SelfWealth clients responded to the inflation outlook,interest rate speculation, and geopolitical tensions by switching out of equities and intocash, leading to the record cash balance on the platform and lower trading activity
heres asx announcement from selfwealth aussie stock broker
https://www.asx.com.au/asxpdf/202204...5krkxdyx8q.pdf
so who is buying ? kiwisaver funds etc ? lol
At the moment I have a higher proportion in cash earning 8% staking Stablecoins. Of course there's some counterparty risk but its spread over staking platforms