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> Better to purchase durable goods (save real value, not shared delusion of money) I don't understand what you mean by it being better to purchase durable good
by bsuvc 5y ago
> Better to purchase durable goods (save real value, not shared delusion of money)
I don't understand what you mean by it being better to purchase durable goods. Do you mean things like appliances and vehicles? Those things depreciate.
Saving, and investing in stocks (diversified) has been a better move historically than just about anything else you could passively do with your money.
- lupire 5y ago"Durable" means holds it value for later use or sale. > Saving Not cash, because inflation. > and investing in stocks (diversified) Creates a bubble if people aren't consuming. "diversified" is load bearing there. Invest in a range of companies that are creating persistent value, sure. Not consumable or rapidly depreciating luxuries.
- newaccount2021 5y ago