Negative interest rates

[oneoff]

This insanity of the regulators and probably the "market" is liable to evolve in ways no one imagined.

I mean just who will leave money on deposit when it shrinks each day.

[agchat]

I personally feel that money in savings will not be a negative interest rate. Once again was talking to a sharp financial cookie on Sunday, and he still insists that in this country cash will always be king. It may not seem like king in making you more money right now because of low interest rates and a roller coaster market. As usual time will tell.

[farmaholic]

And just what would you invest that cash in if you don't think leaving it in the bank is a good idea?

[SASKFARMER3]

That's the Million Dollar Question. Where to put Cash if we go negative.
Farm Land that ship has sailed.
Gold.
Silver.
Copper.
Oil at these levels.
City condos and homes that ship has also sailed.
Where oh where to go now.
But hey its the ME generation.

[farmaholic]

Farmland has stabalized and may even be showing signs of correcting here.

How about sticking the cash in a solid bluechipper that has suffered a downturn but will be one of the first to recover. Certain consumer goods bluechippers, people will always take care of their personal hygene. Or a major pipeline. There will be "oopportunities" going forward.

[bucket]

I am still investing in myself and my farm.

A few books of matches and a torch is paying off pretty nice so far.

Lol.

The protill is working at mowing cattails these days as well.

[bgmb]

OIL STOCKS

[hobbyfrmr]

Protill , shmotill!
All I hear is Marsha Marsha Marsha. !

Weak attempt at humor.

[hobbyfrmr]

I agree with bmgb.

Suncor, syncrude, exxon. Those companies will weather the storm and in the future, Im not sure when, but they will be there for the recovery.
People cherish oil. Oil will return eventually. I have not looked at any charts for a long time.
I am investing in my farm. Hoppers under bins, a Lemkin, or protill, and push back debt.

[sumdumguy]

A seaside villa in Greece. Australian banks.