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US Dollar Getting Stronger or Weaker?
- Thread starter DerekJohnson
- Start date
greenblood
New Fish
Depends
In general terms, it's always weaker which is shown by inflation. In comparison to other countries, I think it's holding up quite well.
I generally try to hold as little cash as possible. I like having interest bearing or value variant assets that can convert easily to cash. (stocks, bonds, gold, silver, crypto) etc.
Don't get me wrong, it's good to have some cash in savings for emergency, but in reality, hoarding large sums of cash is for suckers.
In general terms, it's always weaker which is shown by inflation. In comparison to other countries, I think it's holding up quite well.
I generally try to hold as little cash as possible. I like having interest bearing or value variant assets that can convert easily to cash. (stocks, bonds, gold, silver, crypto) etc.
Don't get me wrong, it's good to have some cash in savings for emergency, but in reality, hoarding large sums of cash is for suckers.
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Unless you have a bunch of cash on hand before the bubble pops. Then it's good to be liquid with little downside risk.