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Where should an EU fag park his money to prevent losses and possibly even make some profit?
Given the current circumstances (possibility of brexit, grexit and greece default, ECB QE, immigrants draining social budgets, stifled trade with Russia, Chinese and Russian economy in shambles, high debt and unemployment of PIIGS) I don't see € going up anytime soon. In fact I think it will tank even further.
My country doesn't have €, but it is very dependent on export to EU, so when € tanks, our currency tanks with it.
So I was thinking about investing into USD denominated index funds such as DJI and SP500. But then I also get the vibe that we are about to get into another global recession.
Based on all that I think the safest bet is gold or silver. Gold is already shooting up and if a full blow recession hits we could see new all time highs. Thoughts?
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>>1109115
Start a business you fucking faggot. Everything else is just gambling in a business-themed casino.
You're the cancer killing the economy.
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>>1109137
How do you know whether I have or don't have a business? I am talking about asset protection.
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>>1109115
Get yourself some swiss franks, its the currency with the lowest inflation, and we have a national bank capable of securing the exchange rate (CHF/EUR) for over 5 years at 1.2 by betting against the whole fuckking EU, good basis good banks good business, from there on u only have to be a smart little faggot.
also
shit looks cash
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>>1109115
Diversify.
Property, gold, silver, USD, CHF, US index funds for the majority.
Personally, I would also put a little into mainland Euro Index funds, British Index funds, Australian/NZ index funds and Indian index funds. Not too much though
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>>1109171
Yeah, put those assets back into your business. The economy is in the shitter because people like you are throwing funny money around in the market instead of doing useful shit with it. Unless you're buying IPO stocks, that capital is being completely wasted.
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>>1109115
hard tangible assets, real estate being the paramount
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>>1109315
Cancer. Quit speculating and do something economically productive with the money.
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>>1111111
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>>1109115
Literally buy USD
or rather EURUSD
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