Sw mn | Greenfarmer2020 - 2/28/2021 12:44
This simple fear of being in anything right now..... cash is the biggest home run heading into a dollar run. Dollars buy so much more if one has em at the height of inflation.
I don’t know if I agree. I would much rather own hard assets in the current situation.
If you had $1 million in cash 6 months ago it still is still worth $1 million. If you had put it into land, fertilizer, corn or the stock market it’s worth more.
Raw plastic has doubled in the last 6 months.
This is part of the reason I believe in paying taxes, I want to convert income to land and other appreciating assets. Buying deprecating assets like trucks and machinery is just a waist of my time.
The other reason is I don’t see taxes going down. |