Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?

[Ragnarök_62]

(06-03-2016, 04:51 PM)Mikebert Wrote: Why on Earth would you have to consult economists for guidance on how to manage a piddly little retirement account?  It is not rocket science.  Buy low sell high.

Uh, all investment classes I know of are bubbled up from fraudulent FED flaky fenagling.

Bonds/T-bills : return interest < inflation rate.  Slot machine investment there. Slot machines are what pay the casino's light bills.
REIT's : Inflow of hot money from China has messed this up.
Stawks.: It's a picker's market. Reasonable valuations are there, but you have to look for them.  Needle in a haystack proposition.

So: Winnow process is needed.
a. company must pay a dividend.  All else = greater fool.
b. low debt/equity ratio.
c. Company should be un PC so "socially conscious" entities like public employee pensions, university endowments, etc. sell them 'cause they look bad on the ole' portfolio.

so: Rag's politically incorrect IRA fund has these among others.
XOM:  CO2 spewing filthy Big Oil company.  Owns Congress.
UTX:  MIC stock.
MO: Big Tobacco. The "For the Kids" brigade hates this puppy.
ADM: Big Ag.
MON: proud producer of Roundup.

So. The alternative in bubbleland is to buy investments everyone else hates! Consultations with economists not needed, but cynicism certainly is.  Except for these which are needed for diversity.

FSLR : owns a gold/tellurium mine 'cause tellurium is used in solar panels.
MFST: Cash rich and is in the tech sector. After all, unicorns are forbidden by Rags!