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Sorry if I wasn't clear. Of course you own things. But you think of them as "investments". You can own bitcoins or shares in the stock market. You can lend mone
by EGreg 4y ago
Sorry if I wasn't clear. Of course you own things. But you think of them as "investments". You can own bitcoins or shares in the stock market. You can lend money to the government in recession times. You can own real estate if it's for investment purposes.
But don't confuse that with needing to own things instead of renting them. If you borrowed $2 million and bought Bitcoin in 2012 you'd be a lot better off than if you bought a house cause "only a fool would want to pay off someone else's mortgage".