How Long Will You Wait?steemCreated with Sketch.


Pexels

Imagine:

You're blindfolded and standing on train tracks.

You can hear what sounds like the train approaching quickly, but can't be sure.

You can stand on the tracks for free.

Once you step off the tracks, you'll be charged $100 per second.

When will you step off the tracks?


Ono Small.png
@themanwithnoname

Sort:  

Thank you themanwithnoname! You've just received an upvote of 59% by thejollyroger!


Learn how I will upvote each and every one of your posts

Check out today's daily report detailing my current upvote power and how much I'm currently upvoting.

This bot is open source.

Clone it from github
Get help installing and running this bot

I would wait for the engineer to blast the horn and then get off the track.

Posted using Partiko Android

I was thinking more metaphorically, specifically in regards to the financial troubles that are headed our way. Your idea isn't bad for a literal train though! :)

!tip

Metaphorically, that is an interesting question. The Feds can only delay the fore coming train wreck for so long.

Posted using Partiko Android

I'm impressed that you know what the Fed is. Most people don't. Unfortunately for all of us, the Fed is the company that created the train and is running it headlong toward doom. The best thing we can do is get out of the way by investing in things that have no counterparty risk, such as precious metals.

Not investment advice

Diversification is the key. Physically holding assets is always a good thing. Assets on paper may not be accessible when you need them. It happened in Greece; the government limited the amount of money people could withdraw from their bank accounts.

🎁 Hi @emergehealthier! You have received 0.1 STEEM tip from @themanwithnoname!

@themanwithnoname wrote lately about: How Long Will You Wait? Feel free to follow @themanwithnoname if you like it :)

Sending tips with @tipU - how to guide.

Take the blind fold off and look. The train might be on a different set of tracks, or it might not be a train at all. We can go through life wearing a blind fold every day, when we remove the blindfold we can then see if it is day or night, if a train wreck really is about to happen.

That's some deep stuff! You were on the same track (pun intended) as I was. I was also thinking more metaphorically, specifically in regards to the financial troubles that are headed our way.

!tip

🎁 Hi @bashadow! You have received 0.1 STEEM tip from @themanwithnoname!

@themanwithnoname wrote lately about: How Long Will You Wait? Feel free to follow @themanwithnoname if you like it :)

Sending tips with @tipU - how to guide.

Coin Marketplace

STEEM 1.15
TRX 0.14
JST 0.139
BTC 55438.34
ETH 2185.82
BNB 484.98
SBD 7.87