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Topic: My view of wealth and assets specially now - page 2. (Read 723 times)

sr. member
Activity: 1218
Merit: 332
Leading Crypto Sports Betting & Casino Platform
December 26, 2023, 10:51:11 AM
#69
I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
Real estate can also be used as a long-term investment without risk, you can earn income every year from renting a house to other people and the selling value will also increase in the future. Real estate is still an investment choice for all groups, imagine if you had a rental property, you could get regular income every month without having to work.

The house you live in now can also be an investment for your children in the future, now they can enjoy the facilities as a comfortable place to rest without having to pay rent. Even though Bitcoin, gold and other valuables are being sought after by today's investors, real estate remains a safe investment because the risk level is very small.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
December 26, 2023, 10:28:18 AM
#68
I trust btc / gold and cash.
It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.


This is normal there's no perfect system but again better to make sure that you choose a higher credibility to make sure they are responsible with the case if they meet this kind of issue. It's hit differently if they care about their users.


I stay away debt and i don't play or speculate things what not backed of any value.
One day all those debt economy gamblers will learn Lesson hard way , yes you can make money like taking the mortgage and then renting out ....but here is the thing it's like a gamble you can win a lot but can lose fast.

Its nothing wrong with having debts its depends on the people and how they manage this because if you can see rich people using their debts to create more assets and let those asset makes an earning and pay the debts few years or months they are now successfully paid the debts and having a good amount of money continuously. Instead seeking for debt and just use for luxuries things that's the time surely you will suffer then.
sr. member
Activity: 1190
Merit: 296
December 26, 2023, 07:47:00 AM
#67
Nowadays it has become very difficult to trust the banks of our country. Many banks are already on the verge of bankruptcy. So now people want to keep their wealth to themselves. Gold is very trustworthy to people when it comes to investment to manage their own control. However, compared to other investments, the profit margin in gold is very low. Even though the profit share in gold is less, people prefer to store gold for security of their wealth. But now people are thinking of investing in Bitcoin in the desire of high returns from digital thinking. But I think like banks, investing in Bitcoin involves some risk to your capital.
It is assumed that a major global economic recession is imminent and whenever a global economic recession occurs there are many banks that will officially declare themselves insolvent. In every country you will find many big banks in which people have a lot of trust but when they are caught they are insolvent and all they have to do is declare them. But it is a matter of concern what the situation of the country may be when some important banks declare bankruptcy. Most of the people like to keep money in bank because they think keeping money in bank is safe but by keeping money in bank if bank goes bankrupt they will be more in debt instead of withdrawing money from bank. We are getting to know about this in advance so we should be alert about this in advance.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
December 26, 2023, 06:17:24 AM
#66
I think a lot of people have lost faith in their governments and they do not trust them anymore. They also do not trust Banks anymore... seeing that the Banking crisis exposed the greediness behind those corporate entities.

People will rather invest into something, where they have the control. You go out and buy physical Gold or Silver or you buy bitcoins, because you know it is not manipulated by a central government or central authority. (accept for the Gold syndicates or cartels)
legendary
Activity: 1904
Merit: 1096
Leading Crypto Sports Betting & Casino Platform
December 26, 2023, 02:16:56 AM
#65
You don't just have a personal dislike for the standard banking system and the so-called "debt economy." It's a sign of a larger disappointment. Cybercrimes and online banking failures aren't just faults; they're systemic problems. Gold, on the other hand, is still the safest place to be in times of chaos. Let's not forget Bitcoin. It's a monetary revolution, not just an asset. It offers hope in finance because to its decentralisation, limited supply, and inflation resistance

You're right regarding real estate worries. It's overrated in debt-driven circus. Debt-laden real estate is a time bomb. Property is about shelter, not investment, as many people forget. Bitcoin shines again. Its ETF assimilation into mainstream finance will change everything. Nations are accumulating BTC and gold because debt economies will fail. BTC-backed economies are imminent. Bond maturity deadlines in 2026? They may be a wakeup call that 'funny money' is over. In the future, assets will matter, not digital promissory notes
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
December 26, 2023, 02:03:23 AM
#64
Real estate wouldn't be a debt economy for you if you were buying properties in full without having debts or a mortgage to pay, the problem you are trying to convey about real estate is only for those who can't afford to buy a property of their own because they don't have enough resources for that. In reality, real estate is one of the best and safest investment methods but it's only for those who can afford it because you can't invest in real estate if you have a limited capital.

Gold and Bitcoin or other cryptocurrencies are good for those who can't afford to invest in other things such as real estate because you don't need a fortune to buy some gold or have some Bitcoin since you can start with as low as $10 for Bitcoin and maybe $50 for gold or just $100. However, your profit will depend on the amount you are investing.
hero member
Activity: 1093
Merit: 527
December 26, 2023, 12:59:54 AM
#63
Real estate is a life investment everyone want to invest his or her money so that they will have so much income to earn in the future, and it will also help you to live to achieve a lot of income and when you pass out from this world, your children will continue to maintain the investment in a way it will continue generating income to the family.  If you have the money to invest in this two investment, land and Real Estate, I will advice you to make Real estate your investment because it will serve you for a long period of time and it will reduce house rent money from you when you change your mind to live in the estate. Land is another good investment, you can invest your money and wait for a long period of time for the environment to develop before you can get a good Customer that will price the land the way you want to sell it to make double income.

That's true because real estate is also a part of a promising investment in the long run because the value of the asset can increase over time.
But the problem is when someone wants to invest in this sector it requires a large capital because real estate cannot be run with limited capital.
There are several investment models that have value and maybe from which angle we start with the availability of capital.
Gold and land for example these two investments are also quite good when someone can maximize and opportunities will exist when we have a budget source as a support.

I have seen how the real estate business, land and gold are protected and people before we may have carried out investments in several sectors and until now it has been inherited to their children.
member
Activity: 492
Merit: 53
Tontogether | Save Smart & Win Big
December 25, 2023, 05:07:24 AM
#62

It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.


Digital payment methods are convenient because you don't have to count the change, don't risk getting fake notes, all the money that you need are on one plastic card and if you lose it, you can block it and issue a new card, while losing a wallet full of cash has near zero chances of seeing it again.


I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.


Real estate generates income. Even if the prices will crash, people will still rent it and the prices will go up again after some years. It's not a purely speculative investment like Bitcoin where you only care about the price.
Currently we have to have a long-term target so that there is savings for old age and family, we have to build digital assets, be it a blog platform that has been monetized or alcoin assets, every day developments require working in the digital world, so like it or not, those who master digital will it is certain that he will get big profits from all of that, alcoin, bitcoin is the solution for storing our wealth assets
full member
Activity: 1974
Merit: 147
December 25, 2023, 02:55:28 AM
#61
Quote from: btc78
Quote from: Parklane777

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.

that is why i think real estate is a good investment you can live in it and pass it down to your children and if they want, they can sell it at some point

land is a fixed supply which is why real estate is considered to be a safe investment you just have to pick out a good location

Real estate is a life investment everyone want to invest his or her money so that they will have so much income to earn in the future, and it will also help you to live to achieve a lot of income and when you pass out from this world, your children will continue to maintain the investment in a way it will continue generating income to the family.  If you have the money to invest in this two investment, land and Real Estate, I will advice you to make Real estate your investment because it will serve you for a long period of time and it will reduce house rent money from you when you change your mind to live in the estate. Land is another good investment, you can invest your money and wait for a long period of time for the environment to develop before you can get a good Customer that will price the land the way you want to sell it to make double income.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
December 24, 2023, 12:26:41 PM
#60
- banks and online banking are the worst. Sometimes when we want to withdraw a large amount of money we have to wait a few days when it is not available right away. Online banking also has several very difficult obstacles. Sometimes errors and break-ins occur.

- Apart from gold and Bitcoin, I even recommend turning property with OP, the value of property such as land and houses has a projected price increase every year and this is worth considering as a wealth asset or investment that is clean from the debt method.
hero member
Activity: 826
Merit: 753
Living Life with Hemophilia🤡
December 24, 2023, 12:20:30 PM
#59
I also believe in gold and BTC as assets.  But it must be within your own means. You should invest as much as you can afford, it is not right to borrow BTC or gold and invest in anything.  The future of BTC and gold is bright.  If you invest in them, there will be less chance of loss. But I will say that if someone buys the land, the money will be safe.  I have seen the price of land is increasing day by day.  But it is a fixed asset.  It cannot be used as needed but is safe.  It is best to invest in BTC. We know that bull run is coming and people investing in BTC are going to get expected results.  Also, the price of gold is increasing day by day and there is no chance to reduce it, so I hope it will be very profitable to invest in gold.
sr. member
Activity: 812
Merit: 252
December 24, 2023, 09:44:44 AM
#58
For me, money is not a treasure to be kept in a bank, money is a means of payment, a medium of exchange, that is written on every piece of banknote, understand the meaning.

So it's better for us to be smart in using money for saving and investing. If you want to save, it's safe, the value doesn't go down, and liquid (easy to disburse) is gold. But if you want to invest (make a profit/increase in value) there are many choices, such as real estate, or the more modern bitcoin investment. Of course these three assets will strengthen our finances in the future.
You're right, but strangely, a lot of people worldwide measure someone's wealth based on the money they have, and that's become the standard. Hoarding wealth in the form of fiat is not a great idea, given the looming threat of inflation. The best option nowadays is to store money in the form of assets. It's projected for future needs, as the growth of money is better when invested rather than just stored or saved.

If you're not too confident about the amount of money you have, Bitcoin offers privacy, allowing anyone to invest with just a few dollars or even without a minimum limit. Quite flexible, isn't it?
It is true that most people nowadays measure each person's wealth based on the money they have and also people who have a lot of wealth will be more easily accepted in any environment because they will be able to ask for help from those who already have a lot of wealth, if we choose to collect the wealth we have. Having it in the form of money is not a good choice because if inflation occurs the value of the money we save will certainly decrease. It would be better if we saved the wealth we have in the form of real assets because this will be an investment for our future.
You are right, we can invest using Bitcoin whatever we can afford and we will also be able to make a profit if we do it consistently.
sr. member
Activity: 1400
Merit: 340
December 24, 2023, 08:53:24 AM
#57
For me, money is not a treasure to be kept in a bank, money is a means of payment, a medium of exchange, that is written on every piece of banknote, understand the meaning.

So it's better for us to be smart in using money for saving and investing. If you want to save, it's safe, the value doesn't go down, and liquid (easy to disburse) is gold. But if you want to invest (make a profit/increase in value) there are many choices, such as real estate, or the more modern bitcoin investment. Of course these three assets will strengthen our finances in the future.
You're right, but strangely, a lot of people worldwide measure someone's wealth based on the money they have, and that's become the standard. Hoarding wealth in the form of fiat is not a great idea, given the looming threat of inflation. The best option nowadays is to store money in the form of assets. It's projected for future needs, as the growth of money is better when invested rather than just stored or saved.

If you're not too confident about the amount of money you have, Bitcoin offers privacy, allowing anyone to invest with just a few dollars or even without a minimum limit. Quite flexible, isn't it?
Isn't one of the criterias for one to be called a man or given the respect of a man these days not tied to how much is in the wallet or bank account?
Let's not pretend like this isn't a default character of almost every living being who lives in civilization and seeks a better life for themselves and family.

Assets investment always pay better than saving up cash in the bank for no good cause, because it would not add up in value unless it is invested with an expected return. To buy gold, intellectual property, investment in real estate, trading BTC pertime or DCAing till a duration and then one withdraws the capital and continue to DCA or diversify within the crypto currency market to gain useful information and best investment practice, is one way to build wealth and guarantee wealth for the future rather than saving up with no intention of ever investing it.
hero member
Activity: 1358
Merit: 538
paper money is going away
December 24, 2023, 08:24:05 AM
#56
For me, money is not a treasure to be kept in a bank, money is a means of payment, a medium of exchange, that is written on every piece of banknote, understand the meaning.

So it's better for us to be smart in using money for saving and investing. If you want to save, it's safe, the value doesn't go down, and liquid (easy to disburse) is gold. But if you want to invest (make a profit/increase in value) there are many choices, such as real estate, or the more modern bitcoin investment. Of course these three assets will strengthen our finances in the future.
You're right, but strangely, a lot of people worldwide measure someone's wealth based on the money they have, and that's become the standard. Hoarding wealth in the form of fiat is not a great idea, given the looming threat of inflation. The best option nowadays is to store money in the form of assets. It's projected for future needs, as the growth of money is better when invested rather than just stored or saved.

If you're not too confident about the amount of money you have, Bitcoin offers privacy, allowing anyone to invest with just a few dollars or even without a minimum limit. Quite flexible, isn't it?
sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
December 24, 2023, 07:45:30 AM
#55
If money is not a problem, I will surely invest in precious metals in the form of collectible coins, then real estate and Bitcoin. All of these assets are future proof so it is for me the best choice of investment right now.

Investment is a good option for multiplication of your cost as if you invest early you will be more profitable and among precious metals I will prefer gold because in my opinion gold is a better investment and if it comes to digital asset then bitcoin is the primary source which should be selected first.

Real estate can give you profit therefore if you are economically stable then invest little by little in each and every type of investment about which you think that it will be suitable option and you have no doubt about its future but if little doubt exists in your heart then don't choose that type of investment because as doubtful you are then you will have reduce interest about it.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
December 24, 2023, 03:45:21 AM
#54
If money is not a problem, I will surely invest in precious metals in the form of collectible coins, then real estate and Bitcoin. All of these assets are future proof so it is for me the best choice of investment right now.
For me, money is not a treasure to be kept in a bank, money is a means of payment, a medium of exchange, that is written on every piece of banknote, understand the meaning.

So it's better for us to be smart in using money for saving and investing. If you want to save, it's safe, the value doesn't go down, and liquid (easy to disburse) is gold. But if you want to invest (make a profit/increase in value) there are many choices, such as real estate, or the more modern bitcoin investment. Of course these three assets will strengthen our finances in the future.

I agree with you, money is a means of payment or exchange that exists in everyone's life, but in my opinion everyone needs money, money is an important thing in everyday life because to meet basic needs of course there must be money first. . Some say money is everything, but not everything can be paid for with money, I agree with this, but to be precise, money has an important role in life, everything we do is sometimes related to finances.

In my opinion, saving and investing are also related to money. To save itself, of course it must be money and the amount. Meanwhile, investment may be in the form of goods or whatever, but mainly money still has a high role, for investing in Bitcoin I also think that need money to get started.
hero member
Activity: 1694
Merit: 516
December 24, 2023, 02:44:47 AM
#53

Now Im wondering what they will do with all that bonds wich will have maturity on 2026

Im not economic expert i just think people have lost their guard too confident to trust something what does not have solid security.

All of the major companies rely on bonds to finance their operations. For the last 15 years the companies got used to cheap money, paying only 1-3% interest on most of their debt. Without the debt market there would be a huge issue for the companies to create new projects and invest in the future. The problem companies will face now is to roll all their existing debt into much higher interest debt for the next 3-10 years. This is going to put a lot of pressure on the financing department and will likely lead to some bankruptcy. Which is why the Fed already stopped raising rates and will likely lower rates again. If the whole economy is suffering the politicians will demand lower rates again, even if this means rising inflation again. The alternatives for us are bitcoins and gold, but gold is already at the ATH, I am not sure how much upside potential is left.
sr. member
Activity: 448
Merit: 294
December 23, 2023, 05:06:27 AM
#52
If money is not a problem, I will surely invest in precious metals in the form of collectible coins, then real estate and Bitcoin. All of these assets are future proof so it is for me the best choice of investment right now.
For me, money is not a treasure to be kept in a bank, money is a means of payment, a medium of exchange, that is written on every piece of banknote, understand the meaning.

So it's better for us to be smart in using money for saving and investing. If you want to save, it's safe, the value doesn't go down, and liquid (easy to disburse) is gold. But if you want to invest (make a profit/increase in value) there are many choices, such as real estate, or the more modern bitcoin investment. Of course these three assets will strengthen our finances in the future.
hero member
Activity: 2072
Merit: 603
December 23, 2023, 03:03:27 AM
#51
The reality of Bitcoin can only be sensed if we hold it for long terms. The sweet fruit doesn't grow overnight, you need to ripe it first. I do not want to go in complexion of comparing whose great and not because over the time you get good returns on worst asset too. For example, Bitcoin or Real estate or Gold, all of them will hrow to new ATH with the time. If one is scarce in supply then other is becoming scarce due to external or internal factors that increases its value enormously. If we buy land and bitcoin today of equal value then imagine in next 20 years that land will be affected due to its surrounding demand. Maybe there is big township developing, or population is growing faster which eventually will add the value to it. Apart from it, in case of Bitcoin its supply will be limited and limited with higher network difficulty thus making it more demanding for possession. I think thats how we will see rise in all of the assets we hold. Its just matter of time.
hero member
Activity: 546
Merit: 583
December 23, 2023, 02:57:18 AM
#50
The assets that I trust most at the moment are more about Real Estate and Property. Although I don't have many yet. But I would like to have more in the future. Because the price growth is clearly visible from time to time. And sooner or later property will always be needed by people. Considering the human population which continues to grow rapidly at this time. Physical gold is my second choice. Because in terms of storing value, gold is number one compared to others. But way I make storing it, which must always be safe, really difficult for me. the third currently is digital assets such as bitcoin. I chose bitcoin based on the development of the digital world and the technological era which continues to develop rapidly. Sooner or later everyone will adopt it. I believe it. So I accumulate it from now on. I only use banks and fiat in daily transactions and they are still useful today. And everything can coexist in the future.
For a long time, real estate has attracted a lot of attention and people are investing heavily in it. I am surprised, but starting a real estate business costs a lot of money, the model is changing every day, and people are adopting the use of smart houses, which makes it expensive to buy and expensive to maintain. After food, the next most important thing in a man's life is shelter, and the issue of housing has been around for a long time, with the only difference now being that it has always been modernized. And one of the issues confronting every nation today is the issue of housing and poverty, with most houses built being unaffordable, exacerbating or exacerbating the housing crisis, which is a global issue.

And all of the assets you chose are quite interesting. Gold is gold because it is an asset that does not require any form of maintenance and when you are ready to sell it is no big deal and does not cost much compared to starting up a real estate business. Bitcoin is also a good choice, but proper research is always a good one before you go into it.
Even today the cost of building a house has increased almost twofold. So it is not surprising that in the end house prices become quite high from year to year. Because the price of land and the cost of building it have also increased. And that is why currently many people have difficulty owning a house. So we meet many young couples who prefer to rent a house instead of buying. Because rental costs are sometimes cheaper than paying for a house in installments. But from a business and investment perspective, real estate remains profitable and has potential. Building property and creating elite housing, for example, can also make us have much bigger profits.

But the problem is capital. Although many have the courage to get capital from loans. But to get a large loan you also need large collateral. So for those who don't have a lot of real estate to begin with, it's impossible to enter that field.

Gold and Bitcoin are two things that are more accessible to all groups. Both people with small capital and those with large capital. So it is not surprising that investment growth in these two things has increased rapidly. I also have investments in this field. But later, when I have enough money, my goal will still be Real Estate.
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