Inflation? What inflation?

[riverwed070707]

TexasHusker Have your rents been going up? I can tell you from my experience mid last year that rents for SFH in the Cincinnati area were ridiculous. Just nothing available and what was available is expensive. I would think that your type of rentals would be hot. As a matter of fact, can you PM me your contact info? My wife and I would love to make a jaunt down that way this spring.

I have LTRs rather than STRs but same here. I saw a house listed for sublease that ironically I rented about 12 years ago when I was in college. 2 br/1 ba 700 sq ft SFH that I paid $600/mo for... same house, same owner is now renting for $1,300. In my own rentals, its harder for me to say because I buy them dumpy and fix them up but the values of the homes themselves are wild - my 4 plex that I paid $95k for in 2015 (approx $50k in renovations) could easily sell for $300k. The dumpy 4 plexes these days are selling for $225k with work needed. My single family I bought for $115k in 2017 and it just appraised for $150k with minimal updates done and comps ranging from $140k-$170k. Unfortunately property taxes are going up to match with a 20% increase across the county last year and water rates are increasing as well.

[LivingAlmostLarge]

Electric and water bill are much higher. I checked not because we used more which we do use more but because the price per kwh and the sewage fees are up.

[TexasHusker]

is there anyone still questioning inflation at this point?

https://www.marketwatch.com/story/an...?siteid=yhoof2

[QuarterMillionMan]

No question inflation is here. My question is where to invest to hedge against it. Lately I've been buying precious metals ETFs and bitcoin ETFs. I'm looking at commodities in general, gasoline ETFs, ETFs in copper, corn, soy beans, etc.

[LivingAlmostLarge]

yep i mean a 0% fixed component of bonds and like 2.7% inflation component. I have ibonds at 4.13%

[corn18]

No question inflation is here. My question is where to invest to hedge against it. Lately I've been buying precious metals ETFs and bitcoin ETFs. I'm looking at commodities in general, gasoline ETFs, ETFs in copper, corn, soy beans, etc.

What BTC ETF? Greayscale is the only ETF like BTC instrument that I know of.

[TexasHusker]

should be a profitable next year or two for banks & financials...

[Fishindude77]

should be a profitable next year or two for banks & financials...

Actually this past year has been great for banking.
Most smart banks got aggressive with those PPP(Covid freebee) loans and made really nice fees on each one processed.

[QuarterMillionMan]

What BTC ETF? Greayscale is the only ETF like BTC instrument that I know of.

Yes corn, GBTC was exactly what I was referring to. Full disclosure though, I'm losing money on GBTC.

[QuarterMillionMan]

"Shrinkflation."
Brands are using a sneaky tactic to get you to pay more for household necessities (msn.com)

[disneysteve]

"Shrinkflation."
Brands are using a sneaky tactic to get you to pay more for household necessities (msn.com)

James posted that yesterday or the day before. Not a new concept at all. It's been happening for years. I really wish they would knock it off and just raise the prices. It's a pain when you're following a recipe that calls for a 16 oz can of sauce but they only sell 13.5 oz cans now.

[kork13]

https://apnews.com/article/lifestyle-health-coronavirus-pandemic-economy-business-94b3c6313cfed5c66d0729729b62b414

I came across this article today, rather nicely encapsulates the weird economic factors going on right now. Biggest take away:

[corn18]

Just filled up my truck and the pump shut off @ $100 just shy of full. First time that has happened.