Jars, backyard, mattress, whatever 'floats your boat'. But I do recommend avoiding sinking much money at all in 'precious metals'. All commodities markets, particularly those for gold and silver, are relentlessly made subservient to the dictates of central banks -- and the Federal Reserve System in particular! They control gold and silver prices in much the same way they control money supply and interest rates. Liberal, "Progressive" Democrats under Woody Wilson gave the 'Fed' that power in the United States way back in 1914. And, in the summer of 2007, that power was made ABSOLUTE....
Inflation is a wealth tax even if you invest. Lets say that inflation is 2% per year, and your earnings from investment is 6%. That means you are really gaining about 4%. Inflation is wealth taking you to reduce your profits. The rich invest in businesses, and unless you can prove their businesses don't stimulate the economy, then I don't think you have a case. But I can agree that consumer spending maybe stimulates the economy more than business investment.
No I believe you claim was the rich invest almost all their money in ways that stimulate the economy. If I am mistaken please correct my interpretation of your post. I can say for sure that a lot of the money of the rich is invested overseas which does little to help the American economy. For instance you can look at where Trump and his family manufacture their products. And not that Inrepresent all wealthy but right now about 40% of my portfolio is in other countries.
I am an insurance agent and as such this stuff interests me immensely. Please get back to us with that information.
Soon as I talk to her I will. I do know for sure that a couple years ago her deductable was $12,000 though.
I have seen that on the very very basic plans. Those are meant for catastrophic events and should not be seen as a replacement for a standard policy.
I found this article about high deductible's. It mentions as high as $25,000 or higher. So guess it is one of these. Either way nobody should have to pay over $12,000 a year plus thsi kind of Deduct. scroll down to 3nd paragraph and 4th sentence. https://thebenefitsguide.com/understanding-deductibles-work/
