Another case when pure fiat could still be your investing friend
I will try and keep this blog post as brief as possible.
4 years later after a very intensive and fanatical immersion into the world of financial literacy learning to differentiate between assets and liabilities, working time for money, saving, borrowing, a mortgage, good and bad debt and real money versus fiat money ….
... the bottom line message being;
'if you want to maintain and grow your wealth you will not find it in holding and saving in fiat currency.'
Except for general living expenses, emergency funds and holding to buy assets,
'on sale'
.. your goal is to convert that fiat into,
'real assets'
a.s.a.p. into something that can at least in worst case scenario,
'preserve its value'
and in best case,
‘conservative, safe haven’
... investing scenarios, pays you some kind of interest or dividend that via the
'compounding principle'
.... will grow slowly but substantially over time.
So to repeat, anything but fiat currency is the way to go ….
.... or are there exceptions ?
Please check out the link below because although I vaguely remember reading about this before I felt like I was receiving a slap in the face again. I feel there is some kind of moral or hidden message being communicated to me from a higher source ….
I am not even talking about beautifully preserved collectibles that are still stored and untouched in their sealed boxes or some of those special and limited issued commorative 2 euros coins that escaped detection and ended up in general circulation but discovered and set aside while still in prime condition.
Lets just say if we talking about buying that winning asset that when sold could give as a numerical ?? x amount of profit, what number are we talking about;
2x, 10x, 100x, 1000x
and I repeat I am not talking about some highly speculative investment. Infact I am talking about one of the most risk free investments you could ever make ... and probably did make but instead of keeping it you promptly did the same thing that Andreas Antonopoulos did with Bitcoin back in 2011.
😲
Thank you for reading.
https://en.moneterare.net/rare-euro-cent-coins/
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