Awesome Stocks

[gfp927z]

Bigworld, The stock market sure looks schizoid these days, a reflection of the schizoid world I guess. It makes you want to just go to cash/T-Bills and sit it out entirely. In addition to all the other big problems is an eerie deja vu feeling about the China-Covid situation, with visions of a repeat of Spring 2020, with new variants quickly spreading all around the world.

As investors, putting a sizable amount into real estate / land seems like a good idea. My stock allocation is now only 12%, but is still a source of growing angst. Bonds and cash get chewed up by inflation, and when things finally unravel, the purchasing power of these will get clobbered too. Gold + silver are extremely volatile, and aren't a sure bet either, and gold ownership might conceivably be outlawed again ala the 1933-75 period. That leaves paid-for real estate / land as the logical destination for one's money. Even if the real estate market comes down, what you physically own is still the same, and its utility value will endure.



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