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Posted over 12 years ago

I Call BS On The Perceived Inflation Worries - Put Up Or Shut Up

So you're worried about the affairs of our country.  Who isn't in this toxic political environment?  Believe me, I get it!  However, please quit posting about how our country is soon going to have a worthless currency when your affairs aren't organized to prepare for it.  

 

Put your portfolio where your words are.  Buy some real estate product with fixed-rate debt.  Heck, buy some negative cash flow property with subject-to purchases at a premium if you are so certain of the currency devaluation.  After all those debt dollars will erode in short order when compounded over several years of heightened inflation.  Hopefully the lenders won't call the note as inflation and interest rates both tick north.  

 

I see people post some fanatical ideas about where things are heading and then crumble when asked what they are doing to protect their wealth from its ill effects.  Put up or shut up!  Words are cheap as is running around like a chicken with your head cut off spouting the latest rhetoric from cable news.  Give us some sound advice about why your viewpoint is correct and WHAT YOU ARE DOING ABOUT IT.  If you constantly pound the doom and gloom drum and have no sound strategy to protect yourself from the spooky inflationary scenario it devalues everything you write about.  


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