This seems like the first step of what will eventually lead to hyper inflation.

  • Monument@lemmy.sdf.org
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    12 hours ago

    I actually rebalanced my 401k tonight and dumped all my bond holdings and most domestic stocks just an hour or so ago. (I did keep the index funds, though.)
    Swapping most of the allocations over to foreign stocks (showing about 35% yearly returns, vs the still good 14% I was netting before). I also threw a small chunk into a gold commodity index fund, which is showing 150% growth in the last year. Risky, but what am I going to do? Live long enough to grow old? In this economy?