RE: Be wary of the race to the tech stocks ...31 Jul 2020 17:56
Hi Tiger
I value your opinion and would like your opinion on something which bothers me.
I have contact with a number of German friends who were raised after the demise of the old Reisemark. I have heard stories of people being paid with wheelbarrows of worthless paper money.
I know people who actually bought goods and stored them until trading after the war was recommenced. It made them wealthy.
In the light of this, I mistrust notes which say I promise to pay the bearer. I also mistrust ETFs.
I know nothing is safe but if stock markets collapse, you still have something.
I think PMs will go up further, then plan to topslice and invest into other low value stocks.
Maybe I mistrust cash too much.