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Bitcoin is by definition depreciating. Precious metals have very little utility and are only used as stores of value. They can not generate dividends and are th
by pilom 10y ago
Bitcoin is by definition depreciating. Precious metals have very little utility and are only used as stores of value. They can not generate dividends and are therefore likely to under perform in the very long term: http://www.businessinsider.com/buffett-on-gold-2012-2 http://www.businessinsider.com/buffett-on-gold-2012-2
Real estate can be a decent way to store money long term because of the rent you can collect. Because many people are highly leveraged with real estate, selling before your mortgage is paid off can be very volatile.
- 1812Overture 10y agoGood real estate investment: Buying a rental property. Bad real estate investment: Buying a bigger house than you need for yourself hoping it will go up in value.