Quote:
Originally Posted by MoneyGuy
I disagree that your house is your best investment.
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The way I look at is, with the governments around the world continuing to print money, neglecting the growing debt, and doing all that they can to avoid recessions, the value of currencies are diminishing at an appreciable rate. IMO the only reason the US currency is the main currency of choice in the world is that the others are performing relatively more poorly.
Now I'm sure, as an investment advisor, you can think of other things to invest in. However, in the long run, considering the above, IMO one should be invested in
real things. What better way to invest than in something that provides one of the basic necessities of life i.e. a roof over your head, and appreciates at the rate the currency is likely to erode.