I’m actually wondering if we’re headed towards a deflationary event. I don’t think the underlying customer base can support a lot of the prices now as wages have stayed well below inflation, plus I believe some of the inflation is artificial profit taking. Oil is half the price it was a few years ago, so transportation of goods should be a lot cheaper. Energy as a whole has been getting cheaper too as new renewable generation comes online, so those costs come down too.
The economists would think some deflation would be the worst thing ever, but the inflation spike of the last few years doesn’t seem to have a solid foundation.
Reverendender@sh.itjust.works 12 hours ago
I moved all my 401k monies into international funds several months back. I’m killing it on my returns. I am not a financial advisor, however. (Not that I think most of them aren’t buffoons)
rc__buggy@sh.itjust.works 11 hours ago
I offshored about half of my holdings, maybe Europe won’t go down with the ship.
Planner wasn’t happy the money left her firm but I got a real, “I get it vibe”. It did cost me some value in fees but I managed to do it right before I hurt my back and can’t work so what’s done is done.
Reverendender@sh.itjust.works 11 hours ago
May I ask what kind of returns percentage you are seeing?