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Money is a representation of energy. If you used it like you would electricity you would be better off. Sure, store some in batteries but know that they dissipa
by _yoqn 4y ago
Money is a representation of energy. If you used it like you would electricity you would be better off. Sure, store some in batteries but know that they dissipate over time. Stocks should only be purchased when you want to literally invest in a company or industry because you think it has major growth potential, not for speculation. Non-cash assets could also mean precious metals as they have conversion power over any fiat currency. As we're watching the neo-liberal global world order collapse with the war in Russia I think gold and silver will win out over any other non-cash asset. However it still doesn't make any money. The way to make money with money is to buy things that appreciate in value over time. Real estate is one of the most available things that fit this category. My parents bought a house in Florida last year at the "top of the market" and their property is now worth about 20% more. And if they rented it out they could recuperate some of the capital outlay that they invested.
- krisoft 4y ago> As we're watching the neo-liberal global world order collapse with the war in Russia How do you imagine that happening? Does it look like to you that the west is going to loose so bad that all the investments loose their value? Or you are banking on a nuclear winter?