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If I knew how to create a poll, these would be the questions.

jmski52jmski52 Posts: 22,263 ✭✭✭✭✭

Given the potential trainwreck in the hedge funds and banking system..........

If you had sold stocks and took the proceeds in a $100,000 check, would you:

1) deposit the check into the banking system?

2) hold onto the check until you are ready to deploy the funds?

3) cash the check for cash?

Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • blitzdudeblitzdude Posts: 5,283 ✭✭✭✭✭

    4) I'd purchase the 50 acres next door.

    If I were limited to your choices though I'd go with #1.

    The whole worlds off its rocker, buy Gold™.

  • WingedLiberty1957WingedLiberty1957 Posts: 2,946 ✭✭✭✭✭

    20% bitcoin (even tho it's volatile out the wazoo)
    20% PM's (even tho I think they kind of suck)
    20% into a brokerage acct to buy more stocks (maybe focusing on foreign stocks like china tech or robotics?)
    20% into my house as capital improvements or new land
    20% into a bank account (as an emergency fund)

  • derrybderryb Posts: 36,016 ✭✭✭✭✭

    Ethereum

    "Do you hear alarm bells ringing? Neither do I. And that’s a huge problem." - Simon Black

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Cash.... I have good ideas for using that quantity of cash. And no, I am not going to discuss them here. ;) Cheers, RickO

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