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Be rich and keep your riches in as varied forms as possible. Can't do that? Then don't bother, nobody can predict the future. Any advice you might receive here
by trabant00 5y ago
Be rich and keep your riches in as varied forms as possible.
Can't do that? Then don't bother, nobody can predict the future. Any advice you might receive here could backfire as much as it can pay off.
- one house or a piece of land can lose value depending on local conditions or be hard to sell when you could need cash.
- debt can go either way, maybe inflation makes going into debt right now a good idea, or maybe you won't be able to afford in the future and the investment does not pay off.
- savings means basically losing money right now. Will this trend hold? Who knows.