In today’s world it’s impossible to be a saver. You’re forced to be a speculator because cash is being undervalued by governments through quantitative easing (QE) [printing money]. I buy hard assets, such as commodities, although there are few bargains anymore.
via Fame & fortune: Why I bet the ranch on cattle | The Sunday Times.
Tags: economics, Investment, Money, Quantitative Easing, Saving
I agree. I’ve had to move all my cash assets into stock and shares. Worth the risk in the current climate.