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Yeah, I saw that too.
The news pundits have been saying the “R” word for some years now.
After an yield inversion like that one, it is on average of 22 years till a recession actually occurs.
I think it might be sooner.
The trade/tariff wars seem to be taking a bite out of both the US and China economies and the world as well. -
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I heard the same thing when President Trump took office and it was the opposite which is what I thought however this time I’m seeing a difference. So the question becomes what does one do?
I’d already moved my investments to safer funds before the elections and can see no reason to move them back at this point.
I’m looking at a portion going into tangibles that I think will hold or gain.
I’m looking at major repairs to the place being done now as I see prices going up due to labor increase as well as materials. If I can’t make money then I’ll try and save money.
I’m not seeing anything different from the O years and am laughing at New Mexico and Utah’s Utes crying about the oil industry when they completely voted this administration in. The petroleum industry will be hurting a long time. I can’t mitigate it by storing too much extra but I’m not investing in it either.
I see our food prices going up tremendously very soon due to fuel increases for transport and growing as well as increased pressure from China and others for the products. Corn and soy are already struggling to keep up worldwide and livestock is bouncing around like a pinball because every time you turn around a flock or herd is getting killed off to supposedly protect the people from a disease threat. About the only thing I can do to mitigate it is what I’m already doing which is putting up food, growing/raising some and looking to increase.I’m not a real smart money guy. I get along ok being the crayon eater I am but I’m always listening so what are y’all doing or going to do differently?
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Well, I moved a major portion of our stocks out of the market in mid-FEB. I avoided a 16.5% loss. Got back in in OCT. Did 23.5% for the year.
We too are looking to do work on the house. I want spray foam insulation in the kitchen. That is where we loose the most heat.
We are planning on expanding the gardens in a big way this year.
Going to raise two hogs this year.
I know some say buy PMs, but for the price of a oz of gold, I can buy a lot of other things that I think will go further.
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Similar approach. Do the major repairs now before they are cost prohibitive. Invested in the garden heavily this year to offset food costs. I don’t have investments to worry about and don’t see myself buying metals. Inflation is a concern. Utilities are a concern. The goal is not to die, everything else is bonus points.
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