(cont’d…) Where can I put my 401K? TIPS (Treasury Inflation Protected Securities): These are U.S. Treasury bonds that are adjusted for inflation every 6 months. This isn’t a perfect way to protect your money from inflation, but I would say your money will be 50% protected. I own TIPs. Paper Gold: Most ETFs and mutual funds don’t buy physical gold; they buy a contract for gold to be delivered at a future date (called futures or options). The problem is, there are 100x more in contracts than there is physical gold to back it all up. So this is one way to safeguard your money, but a bad one if there is a severe economic crisis (like hyper-inflation). I own some paper gold. Gold Mining Companies: Companies that are sitting on piles of gold will be worth more if hyper-inflation occurs (assuming the government doesn’t take over the mine). Oil Companies: Oil companies used to be a good way to protect yourself against inflation. I stay clear of them now though, because of the uncertainty around Peak Oil. Swiss Francs: The Swiss had a front row seat to the German and Austrian hyper-inflation before WW2. As a result, of all currencies that exist today, the Swiss franc has retained it’s value the best over the past 120 years. I own swiss francs. Consumer Discretionary Stocks: People will still want diapers, toilet paper, toothpaste, and soap if hyper-inflation hits. Agricultural Stocks: I don’t own any of these, but people still have to eat in a crisis. Sources for the entire thing: When Money Dies by Adam Fergusson Manias, Panics and Crashes: A History of Financial Crises. 6th Edition. By Charles P. Kindleberger The Great Depression. By Charles P. Kindleberger Devil Take the Hindmost. By Edward Chancellor. Von Mises Institute.