I'm sad. Inflation. All I had were low interest earning bonds/CD's. Lost buying power. Gonna be more expensive to live in Greece for those three months. Wonder if LL will increase in price. Wonder how much more money it will be next fall?
The question is what the f do we do now?
Afraid of bear market w/ Fed being hawkish
Afraid of SEC cracking down on stable coin lending (blockfi, celsius, etc)
Defi lending options -> The 20% yield on anchor protocol UST stablecoin-> I don't think ozone insurance or nexus mutual insurance on these are available now, kind of the wild west
CD's/treasuries are giving close to 0 yields (except for Series I bonds, which I already maxed out), not sure this will go up that much even if the Fed tries
Gold has not performed that well the last 10 years
Bonds- I am even more clueless on
What now for someone who doesn't know much about stocks?
A big problem is that for people who want to do LL in the next few years, long term strategies like "hold bitcoin/S&P500 index as long as possible" won't work if there is a market correction shortly before you cash out
And traditional short term savings vehicles like "high yield" saving accounts and CD's are giving such pathetic yields that they are really hard to swallow
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