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2 comments for “Mad Fientist Archives

  1. Susan Sun
    September 30, 2016 at 6:19 pm

    Hi,
    I have a question about health insurance now that you don’t have an employer. What kind of insurance you buy when you stay overseas? And if you come back to the States, what health insurance works the best?

    Thanks!

  2. Dory
    December 6, 2016 at 9:37 pm

    Hey there, Mad FI!

    I’ve been a big fan of your website, your excellent interview podcasts on YouTube and greatly appreciate all of the time and effort you put into this. I especially like the FI Laboratory! Great!

    I was curious to find out if you invest in any precious metals, i.e., gold, silver, platinum. Ever since this crazy election cycle, I have been checking out some financial YouTube channels that are on the bit doom and gloom side. Things like if our inflation goes as high as Venezuela’s (which is currently about 750%, yikes!), then all of our currency will be worthless, quite frightening. Other scenarios that seem to be floating around from these same YouTube channels, say if gold/silver prices trend along with the stock market indices, that that is a bad sign. Apparently, gold/silver prices are normally inversely related to the stock market. And one other thing that was mentioned is that if gold becomes the international standard, then that could be a big problem too, since the US dollar is not actually backed by hardly any gold at this point. There are other scenarios that are also mentioned, but these are some I hear about a lot.

    I don’t have much of a background in a lot of money/currency/financial matters, so all of what I have mentioned may be complete hype. Sorry if my ignorance is shining through. I’m still researching what is the truth out there, which is quite difficult to find. Which is why I am contacting you.

    Have you heard this chatter out there? Is it just a new version of Harry Dent, who keeps re-appearing all of the time. I wondered if you or your peers have an opinion on any of this. I am worried that getting close to FI will be in jeopardy if the value of the US dollar tanks. I was told by a friend that considering buying 10% or so, in precious metals, can at least insure that some of my portfolio will not be at the mercy of some kind of currency calamity.

    If you have any thoughts to share on this, that would be most appreciated.

    Early wishes to you for a Happy Holiday this season!

    Best,
    Dory :D

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