Skans » 12 Oct 2022, 8:22 am » wrote: ↑
Stocks? Bonds? Real Estate? Cash? Gold? Our governments have screwed people over on most of these investments.
Real Estate - remember, there is no limit what the local government can charge you in taxes, impact fees and assessments to own your patch of dirt. If your dirt houses poor people, they will cap what you can charge them in rent, and keep you from throwing crack-heads out into the street. If your dirt is vacant land, they can charge you a premium in taxes if they want to.
Securities - the SEC is great at devising ways to screw investors in publicly traded companies.
Private companies - Biden and Friends can raise the corporate tax and shove the burden of national healthcare on small businesses with thin profit margins - they are constantly trying to do this.
Cash - You can do your own research on the Fed and currency manipulation, not to mention manipulation by large currency traders and exchange fees. Now, Biden & Friends wants to make all currency electronic, so they can track each and every one of your expenditures.
Gold (precious metals) - Nothing gets past the almighty Democrat government. They will outlaw the possession of gold with the twitch of a pen if they think you are using it to your advantage. Yes, it's been done before - for decades it was illegal to have gold as an investment.
What "safe" investments are left? Art? Antiques? Nike Shoes?