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Sep 16 2014 10:39am
Quote (Gannon @ Sep 16 2014 05:36pm)
Investments are one of the better ways to avoid having your wealth lost through inflation.


Depends what you invest in - investing in some stock that returns 8% and then selling it for a cash profit isn't, which is what most people do when they turn a profit in stocks. Keeping stocks in precious metals however...
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Sep 16 2014 10:40am
Quote (AnimeFTW @ Sep 16 2014 09:38am)
One of...? Investments are the ONLY way to combat inflation. If money isn't invested, it isn't growing.


Gambling is technically another way..
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Sep 16 2014 10:41am
Quote (dro94 @ Sep 16 2014 09:39am)
Depends what you invest in - investing in some stock that returns 8% and then selling it for a cash profit isn't, which is what most people do when they turn a profit in stocks. Keeping stocks in precious metals however...


Keeping precious metals> keeping "stocks" in them.
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Sep 16 2014 10:41am
Quote (N0se_Powder @ 17 Sep 2014 02:40)
Gambling is technically another way..


The worst option...
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Sep 16 2014 10:42am
Another way to combat inflation is to own resources with a physical value like a house and food/water. Then you don't need paper currency
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Sep 16 2014 10:42am
Quote (Gannon @ Sep 16 2014 09:41am)
The worst option...


Tell that to the millionaire professional poker players..
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Sep 16 2014 10:43am
Quote (Raze @ Sep 16 2014 05:41pm)
Keeping precious metals> keeping "stocks" in them.


Correct but if you use the right traders then the stocks are literally put in a vault. A lot of them lease the gold to banks though
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Sep 16 2014 10:43am
Quote (N0se_Powder @ Sep 16 2014 09:42am)
Tell that to the millionaire professional poker players..


Poker at that level is not gambling
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Sep 16 2014 10:43am
Quote (N0se_Powder @ 17 Sep 2014 02:42)
Tell that to the millionaire professional poker players..


ask the guys who blow their weekly pay-check every week...
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Sep 16 2014 10:45am
Quote (Raze @ Sep 16 2014 09:43am)
Poker at that level is not gambling


I agree.. Im just using the word "gambling" as a broad term.. That's irrelevant to the point I was making tho..
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