Re: Real estate
I think you should have some exposure to real estate and I personally have REITs. Like some have said long term real estate is always going to appreciate, one of the reasons being quality land is a scarce resource. My biggest concern with real estate is the rise of socialism, hence why I'm iffy on applying for mortgages. If you invest in something location dependent and the Bolsheviks force you to cede your land that would be quite a loss.
@Swordfish
I suggest listening to the economist Eric Townsend. I think he's right that bitcoin isn't a sustainable currency and he understands how the movement started because of disgust of central banking. One of his arguing points is government can ban crypto and I would argue if they really were threatened by it they would tax crypto.
I think you should have some exposure to real estate and I personally have REITs. Like some have said long term real estate is always going to appreciate, one of the reasons being quality land is a scarce resource. My biggest concern with real estate is the rise of socialism, hence why I'm iffy on applying for mortgages. If you invest in something location dependent and the Bolsheviks force you to cede your land that would be quite a loss.
@Swordfish
I suggest listening to the economist Eric Townsend. I think he's right that bitcoin isn't a sustainable currency and he understands how the movement started because of disgust of central banking. One of his arguing points is government can ban crypto and I would argue if they really were threatened by it they would tax crypto.