Post
Topic
Board Speculation
Re: It is just a matter of time
by
rudius
on 16/06/2014, 06:40:38 UTC
Inflation is not a valid argument to support taking a high risk on a speculative asset. There are plenty of other assets to invest in to beat inflation such as real estate, inflation bonds, and stocks.

That's a nice list of risk free non speculative assets you got there.



Real estate is heavily taxed and risky since you often end up buying @ 10-20% more of the market price, it's illiquid and very costly to maintain

Inflation bonds don't protect against real inflation because they follow government numbers

Stocks can deliver well

The only true defense against inflation is gold/silver. And bitcoin if it goes mainstream one day.

All other assets are investment and currently in a bubble. I would not buy them now.

Why do you rule out natural ressources, other precious metals, google, altcoins, land, art, wine, swiss franc, high dividend stocks?

you are right. These are good. Except for google/ high dividend stocks. Don t bet on something tied to the economy right now.

I really like land and art.

But my point was, that the only true defense against inflation has always been gold/silver. Bitcoin ( and altcoins obv ) could become another once they would be mainstream.

Quote from: joshraban76
I'm sorry, but I'm against "bitcoin if it goes mainstream" sentence.

It will go mainstream, we are not in a race or in a hurry.

You mixed very speculating asset and protection against inflation.

Currently, bitcoin is just at the beginning of the S curve (adoption of new technology). You can t compare it to gold. So many things could happen that will rule it out of the world right now. That s why it is a very high speculative asset.
I have a lot of bitcoins and i m bull, but better stay rational than fanatics.