Black Money Business Jobs : Who would be interested in a financial literacy study group here at Destee?

Kemetstry

going above and beyond
PREMIUM MEMBER
Feb 19, 2001
26,998
7,776
Detroit
Occupation
Chemist
If one is all in commercial paper and its underlying unit of account in which its valued collapses, is that truly being diversified?


I dont know anyone that didnt lose in the last down turn. I got all mine back. But even when I lost, ( 60% ), I got all my loses back within two years







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Shikamaru

Well-Known Member
MEMBER
May 7, 2011
3,444
1,960
I dont know anyone that didnt lose in the last down turn. I got all mine back. But even when I lost, ( 60% ), I got all my loses back within two years
..
I thinking beyond the loss of value of a particular commercial instrument.
I'm speaking of the loss of purchasing power of a given currency (the unit of account in which the commercial paper's value is measured).

Losses in commercial paper can be offset by precious metals or even substance for that matter.
 

Kemetstry

going above and beyond
PREMIUM MEMBER
Feb 19, 2001
26,998
7,776
Detroit
Occupation
Chemist
I thinking beyond the loss of value of a particular commercial instrument.
I'm speaking of the loss of purchasing power of a given currency (the unit of account in which the commercial paper's value is measured).

Losses in commercial paper can be offset by precious metals or even substance for that matter.


I consider commodities a little to speculative for my tastes






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Kemetstry

going above and beyond
PREMIUM MEMBER
Feb 19, 2001
26,998
7,776
Detroit
Occupation
Chemist
A commodities future contract is a derivative (and still commercial paper).
I advocate (and practice) physical possession.


Good luck

lol





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