"Why not buy some bear funds."
There are so many forces at work right now, inflation or deflation, or both and which one first. Black box algorithms trading with each other. Currency fluctuations. Gold market manipulation. Mark to fantasy. Government intervention.
I'm always open to new ideas, what do you suggest?
In the last year I've gone from about 5 years expenses in cash and the rest primarily in tech stocks to 10 years expenses in cash (deflation), 50% tech stocks (inflation), a nice 2/2 bedroom condo in Vegas (for daughter, cheaper than what I was paying for her to live in a dump/bad neighborhood, inflation), 20% commodity related stocks (some with a currency kicker), 30% short composed of the Q's, an E mini futures contract (from 1166, yay), commercial real estate (Boo), Starwood Hotels, the 10 year bond (another Boo), some puts on nat gas, gold/copper, fertilizer companies at strikes 20% below current prices, some silver in a can and a wad of dollars (6 months expenses) in case the banks close. The house is paid for (and insulated), so is the condo. My ass is getting sore sitting on so many fences, but I'll be damned if I'll eat dog food.
Cat on a hot tin roof.
ARS |
