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> I think the key is to not have any assets that you aren't willing to gamble in these bubbles. If you have any assets, you're taking risk either way. Park the
by jstx1 5y ago
> I think the key is to not have any assets that you aren't willing to gamble in these bubbles.
If you have any assets, you're taking risk either way. Park them in something too safe and you're losing to inflation and missing out market gains, park them into some other asset class and you're vulnerable to market crashes.
- throwawaygh 5y agoCounter-examples include anything that you actual want for its intrinsic value. E.g., Housing for Living In. Buy a house that you can afford and that you want to live in for the rest of your life. Drops 100% in value? Who cares? Your best case scenario was passing away in the house in any case. Goes up in value? Actually... that could be a bad thing... might mean more taxes.
- deleted 5y ago[deleted]