There has been some constructive debate here on Cappy Cap as to what to invest in given the poor economic outlook for the future. You don't invest in education because, well, who is going to hire you. You don't invest in fixed assets, because, well, they'll be taxed away or just outright confiscated. You certainly don't invest in a retirement plan, not just because stocks are historically overvalued, but there is also a significant chance the government will either rescind the tax benefits of those retirement plans OR just outright confiscate them ala Argentina and Bolivia.
So what do you do with a worthless piece of paper with Ben Franklin's face on it?
Well, there are so far four options:
Discuss and resolve which is the best.
On a side note, it was very economically and mentally rewarding converting a worthless piece of paper (with the additional dilution of Mr. Bernanke's recent actions) into a tangible good that can be used later. You almost feel guilty handing the paper over to some "sucker" willing to part with that tangible good for your piece of paper.
Oh well, enjoy the decline!
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