/biz/ - Business & Finance

>>29856043
>.50% crowns
you know that's not good enough to join the klubb

>>27846966
the kikes have gone too far

>>22267468
Yeah, that's in essence what I was getting at.
As for my take, I'd say do the following (and to anybody else in a similar situation with mortgages)
> Keep setting aside the same amount each week for the mortgage, but only pay the minimum.
> Put the extra 'mortgage finance' you would have put in on top into a gold stack you keep separate from your main stack.
> Allocate your usual 'PM money' into Silver or a Tertiary metal
> Once your 'mortgage stack' is large enough to cover the cost of the rest of the mortgage, pay the entire thing off at once and be done with it

This being for a few reasons:
- Firstmost is that, provided there's a global economic crash (which, I mean, come on, everybody knows it's gonna happen), we'll see debt rates in particular do some crazy shit that nobody can accurately predict. Other Anons have pointed out that the auzzie dollar has stong(er) backing compared to other fiat, but from what I've seen of the Australian economy, it seems (much like Canada) to be deep in much worse relative debt compared to the dollar or euro, as a result of overly open foreign investment policies. I'll say right now that it's a priority to keep your credit score in the green, so obviously keeping the payments up; but I'd be cautious of what the fuck debt is going to do in the coming times, since a full on global crash hasn't had this much debt tied in before - so it really is new ground being paved. This is why I'd also advise against selling off any property; because while it's possible that the bogans will retake their property market from the chinese-investor menace by shitposting/force regardless of the debt, its just as possible that the claws could sink in further and property prices become even more wacky numbers, in a bubble that will never pop (because foreign interests won't let it, let alone the market not being ready for it).
- The reason why I say make a 'mortgage split' in Gold is because, in essence you should be able to benefit ...

>>19099966
Stop trying to scam this guy bruh. He has kids and a wife. Don't listen to this anon

>>19046878
Right, I heard an extra 12 dollars an hour on top of my 15 as a cashier.

>>18893779
My Chainlink stack on my phone nigger

Well, I missed that 3.51 dip.

My uncle (unironically) works in a big corporation
and few weeks ago these boomers had a meeting on
S&P, DOW and NASDAQ.
On top of this they bought thousands of US stocks and trusts
from the stock market and discussed about an ETF for 2022
expecting DOW to hit $200k by then.

>>18588683
First things first, never, ever go all in. Even if the spaceship to the moon is waiting and you've got a reserved seat; alway diversify where possible to a reasonable extent and make sure if doesn't meaningfully impact your life

That said, if your savings (as in the money you legit do not intend to touch) are completely separate from what you're working with; and with a solidly split stack (assuming that's your 50%), I'd put ~25% more into it right now and take advantage of the situation and keep the other 25% banked (you never know if your car's gonna crash, pm's won't help you there)
Plat is dipped right now and Silver is historically always at a slight lag behind Gold's spikes - so those two are probably the best right now. Gold is on the up, so it's safe to say that ship hasn't exactly sailed, but it's certainly sailing. Palladium was still correcting pre-coronapocalypse, so I'd avoid that
On the other hand, if you've got ~1k spare, now would be roughly the time for serious investors to start looking at crypto, given fiat's impending decline/ possible collapse as well as bonds being suboptimal investments for at least 5 years. Diversifying a small amount into crypto with a solid PM stack while making mindful non-meme decisions seems to be the more sensible option over the prev conventional diversification into bonds and indexes

tl;dr If that the pic you've got of ~$2500 is the 50% of your savings, at 60/40 Gold/Silver split, I'd say put some more into Gold or Platinum to get that to a more stable 70/30, 80/20 or 65/25/15 without going into any more Silver (unless you want a Coronacoin, then make a bit of space for 2). From there, either maintain that ratio, or if you've got a 1k free and no previous investments in crypto, go 20/20/20/20 into BTC/ETH/BCH/LTC with the extra 20 loosened up for moving around the Crypto market (be it back into the previous 4 to ride any given wave, or memecoins of choice which will surely x1000 because a pajeet said so).