uncgriff
Esteemed Member
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- 574
Dry powder is also a good strategy if you feel the markets are going to crash and you want to pick up the pieces on the other end.It is if you put your cash in money markets paying over 4% now and with inflation those rates will increase. You can also consider investing in free floating bank loan stocks/mutual funds which are yielding around 8% and tend to do well in an inflationary environment.
Unless you are an investor who is under 50 years old, the "powder dry" strategy is a pretty good one if you want to sleep well at night![]()