My view of wealth and assets specially now

[yhiaali3]

For me I trust Bitcoin/Gold but I don't trust cash. Most of the world's economies suffer from inflation, so I cannot trust cash anymore. Yes, cash is better than banks and electronic accounts, and I prefer to use it in daily transactions, but it cannot be trusted in the long term because it constantly loses its value.

As for real estate and property, I think that real estate and property are a good field for speculation, at least here in my country. I do not know much about real estate in other countries, but here in my country, real estate is a very good field for profit and speculation, and some here consider it a safe haven and buy real estate to preserve the value of their money.

[Uruhara]

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.

[Parklane777]

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.

Well the real estate will be very volatile it's like long wick short wicks.
It's best to wait few years with real estate i know a lot people will fomo in real estate but market will be very volatile same thing with cars the used cars.

[Ahli38]

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.

Of course Real Estate is definitely the most desired thing in this case. But the problem is that not everyone is able to enter this sector. So in reality not many people enter this sector. Unless you are upper middle class. Or if you are in a village some distance from a big city. Because in the Real Estate area it can still be reached by all groups. But in big cities entering Real Estate investment is not very easy. Because it requires large capital.

But we should have a goal there. Because demand for Real Estate will definitely continue to increase from year to year. And the price will continue to rise from year to year. But we can't expect any short-term gains from this one. Because this is only for the long term. And for comfortable and strategic areas far from conflict and war.

But don't let us force ourselves by entering Real Estate with borrowed money. Well it is not recommended because it takes a long time to get profits. I also like Gold as much as OP. But I also don't dare put a lot of my assets in gold. Gold for me is better to save as an emergency fund. Because gold is easy to cash in and everyone is always willing to accept it.

[Manny@11111]

All mentioned are great be it btc or gold or cash. In case of cash in Nigeria many already changing to $ in other to preserve value or mark margin, smart moves, but what of countries with stable currencies that's why real estate comes in because most of the time aside from Natural disaster it will appreciate or retain value even during distress sales

In Nigeria as well I always advice people to put their fate in real estate and Bitcoin as cash in bank is not advisable but with all good things said they all have their drawbacks

[eightdots]

For me I trust Bitcoin/Gold but I don't trust cash. Most of the world's economies suffer from inflation, so I cannot trust cash anymore. Yes, cash is better than banks and electronic accounts, and I prefer to use it in daily transactions, but it cannot be trusted in the long term because it constantly loses its value.

As for real estate and property, I think that real estate and property are a good field for speculation, at least here in my country. I do not know much about real estate in other countries, but here in my country, real estate is a very good field for profit and speculation, and some here consider it a safe haven and buy real estate to preserve the value of their money.

You are right not to trust cash because we all know that inflation in many countries has risen in recent years. Especially for a long time in cash money is a big mistake. Until recently, this was not a big problem in my country, but the depreciation of cash money reached incredible levels with an increase in inflation, which showed us that it was a mistake to stand in cash.

The real estate issue is changing in my country. It is a very advantageous investment that has a lot of disadvantage at times. It is really difficult to predict the time when this will be advantageous or disadvantageous.

[Mr.right85]

I also agree that the future will be governed by Gold and BTC.  People have lost faith in the banking system as banks in many countries have gone bankrupt.  So people prefer to keep their money under their own control. Also investing in gold and BTC is safer than anything else.

Gold has been around for centuries. It’s served as money as well as a valuable piece of jewelry. While a lot of nations may depend on dollar for there reserves, gold continues to be one means by which reserves are kept for all nations of the world. Gold has been the future of many generations and would persist in this order. That’s because, it agrees with the systems of the government of our time.

BTC on the other hand is where we’ve got a complete different scenario. With the case of utilization still widely debated and the whole idea looking like a revolution to what is consistent with our world today, BTC might take some time before it is given its space in our world.
With it working by the consensus of the people, I’ll say it’s agreeable to persist.

[ChiBitCTy]

It depends entirely on where you live in the world.  Real Estate is often a fantastic investment, and owing debt is not necessarily bad at all.  I believe your view is a bit flawed here.

I mean you mention btc, gold, no real estate. Well what about traditional investment?  No one should be buying gold, silver, bitcoin etc if they don't have a proper retirement portfolio such and IRA of 401k.  Investing in the stock market is to to be investing in actual real world physical companies.  Far too many people start buying bitcoin before having any sort of traditional investments ..DONT DO THAT.

[Uruhara]

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.

Of course Real Estate is definitely the most desired thing in this case. But the problem is that not everyone is able to enter this sector. So in reality not many people enter this sector. Unless you are upper middle class. Or if you are in a village some distance from a big city. Because in the Real Estate area it can still be reached by all groups. But in big cities entering Real Estate investment is not very easy. Because it requires large capital.

But we should have a goal there. Because demand for Real Estate will definitely continue to increase from year to year. And the price will continue to rise from year to year. But we can't expect any short-term gains from this one. Because this is only for the long term. And for comfortable and strategic areas far from conflict and war.

But don't let us force ourselves by entering Real Estate with borrowed money. Well it is not recommended because it takes a long time to get profits. I also like Gold as much as OP. But I also don't dare put a lot of my assets in gold. Gold for me is better to save as an emergency fund. Because gold is easy to cash in and everyone is always willing to accept it.

You are right that it is not at all advisable to enter into any long-term investments using borrowed money. Because the loan money must still be paid within the specified time. Meanwhile, long-term investments will not necessarily bring profits when the loan has to be paid. So yeah, we have to avoid borrowing for long-term investments. Not only in Real Estate but also in other long-term investment instruments. Even in bitcoin. And that's why currently more people are investing in bitcoin because it doesn't require large capital. We can even accumulate little by little. Likewise with gold. We can buy little by little. This is different from Real Estate, where you have to immediately prepare large amounts of money. And of course investing can only be done with money that we won't use for a certain period of time.

[tottong]

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.
Gold offcourse If you can hold it where good place to storage i trust physical locations for example London and i can get credit on my gold collateral aswell

Gold has found a place in society long before fiat currencies were created and now gold is still one of the things that is able to maintain value. Banks are trying to offer gold investments with applicable terms and conditions, I mean the amount of trust in gold is still increasing among the wider community at this time. Crime in cyberspace regarding online loans is unavoidable and many people are even trapped by this system and if someone does not have control over their finances then the money will never be productive.

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.

Getting involved in a debt economy will complicate our economy and this should be avoided because indirectly getting involved in unproductive debt will create new problems. Real estate is good for people who have large amounts of money because this sector is also quite promising to double your money from profits. The policy to maintain financial freedom is completely in the hands of each of us, but whoever is able to take advantage of it will be the winner.

[wxa7115]

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.

Of course Real Estate is definitely the most desired thing in this case. But the problem is that not everyone is able to enter this sector. So in reality not many people enter this sector. Unless you are upper middle class. Or if you are in a village some distance from a big city. Because in the Real Estate area it can still be reached by all groups. But in big cities entering Real Estate investment is not very easy. Because it requires large capital.

But we should have a goal there. Because demand for Real Estate will definitely continue to increase from year to year. And the price will continue to rise from year to year. But we can't expect any short-term gains from this one. Because this is only for the long term. And for comfortable and strategic areas far from conflict and war.

But don't let us force ourselves by entering Real Estate with borrowed money. Well it is not recommended because it takes a long time to get profits. I also like Gold as much as OP. But I also don't dare put a lot of my assets in gold. Gold for me is better to save as an emergency fund. Because gold is easy to cash in and everyone is always willing to accept it.

You are right that it is not at all advisable to enter into any long-term investments using borrowed money. Because the loan money must still be paid within the specified time. Meanwhile, long-term investments will not necessarily bring profits when the loan has to be paid. So yeah, we have to avoid borrowing for long-term investments. Not only in Real Estate but also in other long-term investment instruments. Even in bitcoin. And that's why currently more people are investing in bitcoin because it doesn't require large capital. We can even accumulate little by little. Likewise with gold. We can buy little by little. This is different from Real Estate, where you have to immediately prepare large amounts of money. And of course investing can only be done with money that we won't use for a certain period of time.

The issue is that real estate is very expensive and only the rich have the money necessary to buy a property outright, so the majority of the people out there have no other option but to ask for a loan and pay their house for decades.

However if you are responsible with your money and you can save a small amount each month, you could use that money to give extra payments towards your mortgage, and while at the beginning this may not seem to do much, you could end up paying your home much earlier, which is always nice as you will not have to worry about such a huge debt from that moment on.

[AnonBitCoiner]

Every asset is advantageous if a person is confidential about its saving, gold is also a good asset if it is kept for extensive time same is the case with real estate which when time will progress then it will build up in its value but the main difference between all this asset is the volatility which means that Bitcoin is more volatile as compared to real estate and gold.

The major function of real estate is that there is no doubt about it actuality in future but we don't know that whether Bitcoin will alive or not as many countries have not yet accepted it where as gold and real estate is used for investment purpose from centuries. According to my experience the better way to earn money is to build a house and then give it on rent to others so in such situation if you are not ready to do a job then your rented home will help you to get income during unhealthy situations.

I am agree with the success of Bitcoin but real estate and gold is a understandable by every individual whether he is younger or elder but in our country Bitcoin is still a hidden investment opportunity maybe people are fearful of its volatility or maybe they are the like better real estate more than Bitcoin.

[The Sceptical Chymist]

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

Brother, I don't know what country you live in but in the US I rarely see houses or land passed down through generations anymore--and I think that's primarily because the government taxes its citizens to death, and if they're left with real estate when they die, it's actually a burden if any heirs have to pay all the taxes and whatever else comes with taking on a property.  My gut tells me only the wealthy own land for more than one or two generations anymore.

It's too bad, because what you said is true.  If shit hits the fan (like the power grid goes down or some other catastrophe), having a home and land of your own would be an extremely desirable thing.  Oh, and a nice cellar to store all the prepper stuff.

[davis196]

So you think that real estate is debt economy, but BTC, gold and fiat currencies aren't a debt economy? Really?
Many investors borrow money to buy BTC or gold. Isn't this debt economy as well?
Fiat currencies are based upon fractional reserve banking, which is debt economy in a nutshell.
Capitalism is based upon loans and debt. Crypto is simply another form of capitalism. You can't take away debt and loans from the crypto industry.
I agree that mortgage loans help for artificially pumping the real estate prices. The problem is that no government in the world has the balls to ban mortgage loans completely. I guess that North Korea is the only exception.

[Litzki1990]

What I like about you is that you clearly state that you try to stay away from debt. Where as most of the businessmen are burdened with various loans you are planning a business without taking loans, loans are full of money if the money is not paid back on time then the relationship is never good and good relationships are wasted for money. All the small businesses I have seen are saddled with various debts. Big businessmen take loans through banks and small businessmen take loans from different people the position is different but the meaning of the two is the same. In reality there are many businesses you need to make sure which business is right for you and find the right system to make that right business.

[EluguHcman]

There is revolving advantages and disadvantages between the above real estate assets and the Bitcoin including the gold.
Contrarily, assets has a more reliable potential that can always beat the inflation and deflations. It is basically not flexible to volatility such as the gold and the because but yeah, it is potentialed to lost (destroyed/damaged) or looses its values risk at the times of crisis while Bitcoin and the Gold is at under the control of its holder meaning it beats the mayhems of economy crisis could trigger.

I trust btc / gold and cash.
It's too bad many of us experiences a lot banking errors

The worse banking errors to be experienced is when you are denied in the bank with one excuses to the other such as the network issues, insufficient funds at the bank the transactions delays such as the queues, the government at its autonomous objectives that overrules.
The funny side about fiat of the bank is that your own personal money in the bank is never yours untill it gets to your hand.  The financial regulatory authorities has a dominion and unquestionable to the general public because the fiat at the bank is under the governments control.
I most times believes inflations is always and alleged program projected to enrich the governments and its related authorities more .

[Winterfrost]

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.

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.

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.

You said your not an economy experts yet you try to sound like one  who is convincing and at the same time confusing. Yes, all bitcoin enthusiast trust in bitcoin if not they wont venture into it at the first place. We wished the future of money could be bitcoin and that everything should be done privately without any third party. Still at that we dont want anything that will link bitcoin and the government. I am more comfortabe with the way it is now, ll i want is more adoption am not too conerned about countries making it a legal tender.

The value of bitcoin is fast arising to gold and real estate. With the proof of market capitalization. Currently you cannot say the real estate system is expereincing a debt economy. Even if it is, its just for a short period of time. The ROI in real estate is exponetial. You know what that means and you can be a billionaire in 5 years if you plan your real estate journey properly.

[jrrsparkles]

for example London and i can get credit on my gold collateral aswell

You can cashout gold anywhere in the world, even if it is a place which is yet to see electricity because gold is known to as an assets for humans that much long.

Online banking is made for your convenience and to reduce the resources used by banks so its not meant for as an investment but you can trust banks upto a certain level because the money you deposit is insured so if anything happens you won't lose them 99.9% of the time.

[Fortify]

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.
Gold offcourse If you can hold it where good place to storage i trust physical locations for example London and i can get credit on my gold collateral aswell

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.

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.

Future of money sound money after ETF approved all the way Will finish of funny money but Money will be backed by real assets with limited supply.
So now the countries buying gold and btc , why because they know that debt based economy not sustainble.
I belive future of money Will be backed by BTC and gold and If you want to borrow money you need gold or btc collateral.

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.

It's interesting to see posts like these, but the reality is 99%+ of the world are still happily using traditional banking and finance structures that work very well. Your point about "banks don't work" is silly and a blatant lie, because it is what is currently underpinning the world economy, so you seriously misunderstand how things work if you think that is true. There is definitely space for decentralized currencies to replace normal paper based currency, but we are still in the infancy of it right now and it has not quite been mastered yet. You don't need to worry about what people are doing with bonds, because they've been doing it for centuries before you were born and will do so centuries after you are gone.

[boty]

What I like about you is that you clearly state that you try to stay away from debt. Where as most of the businessmen are burdened with various loans you are planning a business without taking loans, loans are full of money if the money is not paid back on time then the relationship is never good and good relationships are wasted for money. All the small businesses I have seen are saddled with various debts. Big businessmen take loans through banks and small businessmen take loans from different people the position is different but the meaning of the two is the same. In reality there are many businesses you need to make sure which business is right for you and find the right system to make that right business.

If we can avoid debt, of course we can manage the income we have well, but for some entrepreneurs, of course they take loans for their business needs so that they can grow with the additional capital they have and also they understand well the risk management of the loan they will take for their business and they will be able to repay the loan.

Yes, you are right, every entrepreneur will of course take a loan to develop their business and this depends on the business they are running and I don't think there is anyone running their business who doesn't have a loan because it is very difficult to be able to run a business with little capital.