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by kown223 3126 days ago
if you have 9k dollars and you don't need to spend it on something, and you want to save, what are your options, keep it cash, will only loose its value (maybe less in US but in other countries yes with 7% inflation), you would pay bank fees, and the money would do nothing, buy gold, is complicated, you need to make a contract, again pay fees to hold it for you, buy real estate, is to little money, buy stocks, is complicated, which stock, 90% of countries don't even have a stock market, invest it in a business, again.. you don't have time, is complicated, which business etc., art/wine/collectives, to little money, you need to store it, research, etc,

So tell me which is a better investment/store of value 9k money, at this moment?, without needing weeks of research and paperwork and fees, etc.

2 comments

What country are you in?
An ETF tracker?