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In an inflationary environment you want assets. 30 year fixed mortgages are a great way for a regular person to get a levered asset. SPY would be next on my lis
by matwood 5y ago
In an inflationary environment you want assets. 30 year fixed mortgages are a great way for a regular person to get a levered asset. SPY would be next on my list followed by a little bit of BTC and ETH if someone wants to be more risky.
Investments by their nature are not 'stable'. Investments pay off because there is risk involved.
- gfodor 5y agoIt's hard to say if BTC and ETH are assets, but they do have a very favorable exchange rate vs USD so will go up like other currencies relative to the dollar if sufficiently decoupled. Asset-wise, the crypto analog are NFTs, yield tokens, or other inherently scarce or income generating entities.