Very true, and because of this we're all basically forced to keep exposure to the stock market to preserve wealth no matter how much we may hate the current system.https://twitter.com/NickSzabo4/status/1153690035654258688 …
-
-
All true, but when one's debts are payable in $, most can only hold a certain percentage in volatile assets (BTC), art is outside the reach of most, and there are downsides to being too heavy in RE, particularly since it can be tough to invest out of your home market.
-
Which isn't to say those asset classes don't have a place. I personally am invested in many of them. *Not investment advice*
-
Here is some investment advice: buy Bitcoin.
-
Out of RE,art, or gold Bitcoin is the only one that you outright own. Others can be stolen or seized.
-
RE can be stolen. Through taxation.
-
exactly therefore you dont really own it even after you pay the bank note or out right purchase it.
-
Yeah basically, renting from the state is the best one can do with RE.
-
Bitcoin is on the way.
End of conversation
New conversation -
-
-
Children are actually better. Lambda School (and Ben Franks) had it right - % of income for education, training, & startup funding is ideal. I got a nephew making $25 / hr as a programmer at 16, already crushing his parents, for $3k investment + 200 hours of time over 2 yrs.
-
I will say, however, I have been considering more Collectibles. I know someone in industry making tons. Collectibles only really cost storage, the product is effectively free - like $1k investment can easily be $10k in 20 years - ignoring storage cost.
End of conversation
New conversation -
-
-
And category killer domain names
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.