|
|
|
|
|
|
by amenghra
3049 days ago
|
|
|
If you keep your wealth as cash, it will get wiped out over time by inflation. Now let’s imagine that you have enough money to buy 4 houses in a city/location you want to live in for the long term. I would say that’s pretty low risk because your cost of living is going to be roughly the same as what you can earn by renting out your 4 houses. I.e. you’ll be able to live off your rental income forever. Therefore there are investment strategies that aren’t equivalent to gambling. |
|
|