Read Millionaire Fastlane
I've Read UNSCRIPTED
- Sep 12, 2019
The best thing to do is buy more highly inflated stocks and let the good times roll!I've read these and it indeed seems a bit concerning.
Question is, what do we do as investors do?
Is there even anything to do?
Pull money into Gold?
Get money out of the banks?
I've always struggled with trying to figure out what another financial calamity (worse than 2008) would look like and how to be prepared for it.
Cash flowing real estate - the correct properties. Note - I am biased here, but executed with fundamentally sound principles provides great benefits.
I didn't mention Class B-C apartments earlier. These generally do fine as well - provided the cashflow is adequate; amongst other factors. The downside to apartments is that they have a higher break-even point from mobile home parks and self-storage.
Gold/silver makes sense in my head because historically it has been used as currency - well before fiat currency. Definitely not an expert here though.
Don't like ads? Remove them while supporting the forum. Subscribe.