svosavvy

Commodities for Income Investors

I would argue that anything that isn't a dollar is a hedge against inflation as long as you don't overpay. So get out there and spend, wow, I guess the stimulus really will work, it's almost like being held at gunpoint. I was cautious for months about further deflationary risk, I feel since the stress tests passed with no time bombs I am ready to look at deflation in the rearview mirror. I agree that the stress tests weren't hard enough, I haven't seen that many passing grades since basketry class. Well, if it helps people sleep at night.

Commodities for Income Investors

Always interesting thanks,

As to your vehicle hedge, and real world arbitrage. Why not go for a 5 year old honda that you can get for peanuts and gets great mileage. You have to burn a lot of gas to make up the spread, also if you front cash for the older one you can forego collision coverage, invest the insurance savings, pending that you believe in yourself as a safe driver. I totally agree with the penny saved tax truism. I always like it when you talk up pvx. A most important point about the volume showing up on down days. Being relatively young, I am in long term love with some of my march buys and have such hedged to the down by selling leap calls in a gradient fashion as to not run out of options powder. If called away it will be to the sound of doubles and triples, but, if we get a robust downturn it will be an easy buy cover. In the near term time gets to eat away at their value. Land owners like myself are going to get hammered with our eroding tax base. I Continue to collect the loonie, and hold timber on the stump a commodity that always grows despite market conditions.