It's the 1970s all over again

What can you own when everything is expensive? Dominic Frisby explains how to navigate what is becoming an increasingly difficult investment landscape.

[moneymarketsandmore]

Someone is impersonating me in the comments please ignore them.

Also I recorded this last week, when bitcoin was weak. Ooops!

[fritsdonninger]

You don’t seem at all worried about stepping in dog poo there. Brave man!

[fullofhope]

yip - I remember the 70s - we were in abject poverty - but no social media then - playing cards in blackout - just go to bed early to keep warm -

[carlzeitgeist]

I invest in washing up liquid, bin bags, laundry tablets, batteries, light bulbs, cleaning products, toys, long lasting food, oils, shower gel, toothpaste.. You know, all the stuff we need

[BFGUN]

Berkeley Square. You'll need a few BTC to buy anything there!

[raypurchase]

Flared trousers and Austin 1100s.
Power cuts and kiddy-fiddlers in high places.
Cod wars and Bond movies in the cinema.
Some things change. Others remain the same.

[purestilton]

Why the criticism of Bitcoin? It’s up over 100% this year and is in a massive bill cycle. We’re likely to see £150k per coin by March! Solana was trading at $1.50 in January, it’s now $160, and it isn’t unrealistic to think it could hit $500 in the coming months. I could go on and on. Crypto is the greatest asymmetric opportunity we’ll likely see in our lifetimes. The adoption rate is mind blowing - we’re still early!

[simonwhite]

Bitcoins on a tear at the moment and in the world where as soon as its written down its history, tomorrow this video may well be right on the money again, everything else highlighted in the video is bang on. Great work Dominic as always, love your content. Should the economic apocalypse be upon us I'll be looking for another video from you to highlight the least doomed plays.

[tylerpratt]

The philosophy of the rich and the poor is this. The Rich invest their money and spend what is left. The poor spend their money and what is left

[jimbobarooney]

I taught I had tinnitus, but turns out it was the money printer goes

[railwayman]

I remember famed investor Paul Tudor Jones said last year that Bitcoin reminded him of gold in the 1970s. 😉

[stumac]

The world economy is going down the pan and has been since 2008. They can only pump asset prices so high before the whole thing collapses and without cheap energy industry will struggle. The big difference between now and the1970s is that asset prices were relatively cheap back then and the economy wasn't constrained by a large and growing retiree population that can't increase their income in line with inflationary price rises.

[globaleye]

I started selling life assurance/ endowments in 1970, right in the teeth of high inflation and money losing it's value - the argument was of course "why should I save at 8% when inflation is 14% ish " - you had to be a salesman in those far off days ! 😊

[noneshere]

Its worse today...
In U$, minimum wage was $1.70 in the 1970s, gold was $35 an ounce.
Try buying an ounce of gold on a weeks worth of minimum wage today. ( $7.25.hr/$1750.oz ) 😡

[billsticker]

Berkeley Square. Did a nightingale sing Dominic?

Energy is looking like a bubble in progress. Renewables are overdue a crash. In the 70's my folks put their money into upgrading old property. They didn't make a lot, but what they did make kept it's value. You have to not mind spending your life coming home to a building site.

[jatanshah]

I was wondering where you were during this mini crisis the UK is going through.... and ah behold here he is with his sweet words of wisdom. Don't leave us that long again!

[chrisf]

Personally I like the big miners. At yields of around 10%, I don't mind if the stock prices halve from here - I'll just hold and continue collecting those juicy dividends

[moonval]

Need more regular updates here, Dominic ! Great vid

[grandpre]

Non of that matters, as long as house prices continue to rise (and they will) people can always use the equity when times are tough.

[marccas]

At least in the 70s we had ABBA releasing