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by RC_ITR 1574 days ago
Conviction is literally 'firmly holding a belief or opinion.' If you firmly believe that currency is collapsing and your response is to buy a home, then you're leaving a bunch of money on the table and potentially not profiting from that at all.

If you think that interest rates are low and housing has a lot of reasons to inflate going forward, then I think we agree you're acting rationally, but that has almost nothing to do with 'currency collapse.'