Boomer saying u should invest in the stock market wow. Give Jews more money please. This guy will witness the downfall of the current economic system and be like “we should’ve invested more”
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I work in a cafe, and it takes just over 10p (bri'ish innit) in resources to make a cup of coffee. Maybe another 5p for a takeaway cup im not sure, but 10 dollars for a single cup of coffee is actually funny to me
:/// yea inflation bad very bad. İn 2020 1 house in turkey was close to 500k (1$=5₺)now in 2022 same home can be 3m (1$=18₺) and worse part. İnflation at 118%
Just print more money and keep same value. Very simple at the end of day. Because money is based on human thought 💭 of value. Who made the rule about value being less then printing more money?? Humans maybe 🤔 think 💭
Here's a story of how inflation works. There was a town somewhere in earth, in which they have a very generous governor who printed more money and gave it to the people on the town, now there is only 1 market in it so the people bought everything they can from the store now the owner is very happy that he has alot of money but he realized he was going to run out of stocks soon, so what did he do? He raised prices That's inflation the more money you print the more it loses it value.
When my parents baught the home we live in now, it was worth about 600k~ - 1m. Because of real estate inflation and whatnot itll be close to 2m in value 💀
Good for you bro. You can sell that house for 2m and invest in stock and have a good life...S&P500 return is about 9-10% so you'll have about 180K to spend every year. You can easily move to an European country (eastern europe prefferable) and buy a house for like 80-100k then you are a king...you are so lucky
@@doomedwojak420 wow, that's good to know. Thanks for the advice, I Will discuss it with my parents as they to have the idea to turn it into rental property/selling it
He is absolutely wrong on investing in stocks. specifically all central banks are rising interest to reduce inflation. Which means stocks will go down 🦅
@@moneymotives. if you think this is the bottom go right ahead but politicians aren't even admitting we're in a reccession yet, inflation is way up and they're pumping up the market to keep it alive. If you invest now you're going to be one of the biggest bag holders alive.
I have seen multiple recessions, high inflation, and so many market downturns. I speak from experience, investing in low cost index funds over the LONG term (20 years +) is a strategy that has never failed. This doesn’t mean it can’t fail, of course you can lose money. But historically speaking, situations like this are the best time to buy.
Owning gold is a great way to protect your wealth from inflation, when gold increases in value it means the dollar is losing purchasing power. Gold is the best hedge against inflation.
