I read the article on VRT. They gave some solutions to counter this but didi not mention the purchase of precious metals…..Why don’t they do that? It seems to me as a reasonable hedge for inflation…
En geen woord gerept over crypto. Als het gaat over beleggingen mocht dit wel gezegd worden. Maarja, dat sponsored de economie niet natuurlijk…
>Energy prices are the biggest cause of the high inflation.
>
>Leaving your money in a savings account is effectively losing money but is the safe choice, especially if you’re looking to spend within a few years.
>
>The stock market gives better value, but carries more risk and should be considered for the long term.
Saved you a click.
High energy prices cause indexation of salaries, estimated at 3,56%. Since for most Belgian companies labor is the largest cost, most of them will increase their prices, in turn making everything more expensive. This causes higher inflation.
Stocks/crypto mainly here.
Also putting a lot of stuff on 2dehands, recently been flipping Nintendo games too since they seem to go only up in price (and it’s fun to play them 😉 )
And finally the climax of the 2008 housing crisis is here…
Look up the volume of printed money by the European Central Bank and the American central bank. It’s going through the roof. They’ve been postponing this for so long, hoping to keep the pyramid scheme up for too long. Finally the whole system is collapsing.
And hey kids, you better make sure to get out on the streets with us and reclaim your right to a livable future!? Us allowing political incompetence is the only reason we’re in this place. It ends here!
Easy.
Don’t have money.
5% loss of zero is still zero
*Taps forehead*
Who would have thought that injecting a shitload of money into the economy would cause massive inflation? That´s right everyone with 2 brain cells.
Also some good investments: ASML as they make the machines that produce chips (processors) and the like. A more safer longterm option is index funds which follow inflation
GL HF out there, poor future adults…
We kunnen anders ook wel serieus schrappen in die 400 millioen euro media subsidies.
Put your savings in crypto yield farms.
Holy cow the crypto shills really took over this topic
A word of advice to the crypto warriors, just dont bother trying to argue with the normies or explain it to them. Its just not worth your time/energy. If they havnt catched on by now chances are they never will, which is fine.
edit: typo + is crypto a scam? maybe but so is all the rest 😉
That 25-yr mortgage at 1.1% I signed last month looking better every day
I think it’s a shame that so many people still put their savings in 0.1% accounts. For anyone that wants to invest instead of saving, you want to look at low cost global market ETFs if you want to minimize risk and still get a good return. VWCE is the best option, I personally use EDMW because I like the ESG filtering. If you want to learn more check out r/befire.
Crypto shills are getting hated on in this thread, but I think there is a case to be made for crypto. Not all crypto is gambling. Anyone that is willing to put on a little more risk should atleast look into BTC/ETH. I also recommend the crypto.com credit cards, perks are unmatched compared to any other credit card in Belgium. My DMs are open for anyone with questions about any of this.
14 comments
I read the article on VRT. They gave some solutions to counter this but didi not mention the purchase of precious metals…..Why don’t they do that? It seems to me as a reasonable hedge for inflation…
En geen woord gerept over crypto. Als het gaat over beleggingen mocht dit wel gezegd worden. Maarja, dat sponsored de economie niet natuurlijk…
>Energy prices are the biggest cause of the high inflation.
>
>Leaving your money in a savings account is effectively losing money but is the safe choice, especially if you’re looking to spend within a few years.
>
>The stock market gives better value, but carries more risk and should be considered for the long term.
Saved you a click.
High energy prices cause indexation of salaries, estimated at 3,56%. Since for most Belgian companies labor is the largest cost, most of them will increase their prices, in turn making everything more expensive. This causes higher inflation.
Stocks/crypto mainly here.
Also putting a lot of stuff on 2dehands, recently been flipping Nintendo games too since they seem to go only up in price (and it’s fun to play them 😉 )
And finally the climax of the 2008 housing crisis is here…
Look up the volume of printed money by the European Central Bank and the American central bank. It’s going through the roof. They’ve been postponing this for so long, hoping to keep the pyramid scheme up for too long. Finally the whole system is collapsing.
And hey kids, you better make sure to get out on the streets with us and reclaim your right to a livable future!? Us allowing political incompetence is the only reason we’re in this place. It ends here!
Easy.
Don’t have money.
5% loss of zero is still zero
*Taps forehead*
Who would have thought that injecting a shitload of money into the economy would cause massive inflation? That´s right everyone with 2 brain cells.
Also some good investments: ASML as they make the machines that produce chips (processors) and the like. A more safer longterm option is index funds which follow inflation
GL HF out there, poor future adults…
We kunnen anders ook wel serieus schrappen in die 400 millioen euro media subsidies.
Put your savings in crypto yield farms.
Holy cow the crypto shills really took over this topic
A word of advice to the crypto warriors, just dont bother trying to argue with the normies or explain it to them. Its just not worth your time/energy. If they havnt catched on by now chances are they never will, which is fine.
edit: typo + is crypto a scam? maybe but so is all the rest 😉
That 25-yr mortgage at 1.1% I signed last month looking better every day
I think it’s a shame that so many people still put their savings in 0.1% accounts. For anyone that wants to invest instead of saving, you want to look at low cost global market ETFs if you want to minimize risk and still get a good return. VWCE is the best option, I personally use EDMW because I like the ESG filtering. If you want to learn more check out r/befire.
Crypto shills are getting hated on in this thread, but I think there is a case to be made for crypto. Not all crypto is gambling. Anyone that is willing to put on a little more risk should atleast look into BTC/ETH. I also recommend the crypto.com credit cards, perks are unmatched compared to any other credit card in Belgium. My DMs are open for anyone with questions about any of this.