[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 145 KB, 506x432, 1701115060676172.png [View same] [iqdb] [saucenao] [google]
56820565 No.56820565 [Reply] [Original]

Give me multiple ways to save my wealth from inflation.

>> No.56820580
File: 171 KB, 1236x1060, 1701356786761720.jpg [View same] [iqdb] [saucenao] [google]
56820580

>>56820565
Define "wealth".

>> No.56820594

>>56820580
Gay fiat currency shit that I get from my job.
I have some land/real estate as well, but I leave it alone.

>> No.56820606

>>56820594
If you want to get rid of your fiat money i could help you by telling you to buy chainlink.

>> No.56820737

>>56820565
>save
>wealth
you came to the right board

>> No.56821497

>>56820565
Give me multiple ways to save myself from erection.

>> No.56821508

Just do the same thing every single wealthy person does, which is buying assets.

>> No.56821509

>>56820565
Well, as a wealthy individual myself I'd recommend you to simply

>> No.56821518

>>56820565
"Your" wealth?
Hahaha

>> No.56821556

>>56820594
>land/real estate
iliquid as shit, you dont know what the value until you sell
buy sp500 and long term bonds
gamble some with btc
what can you do?

>> No.56821581
File: 914 KB, 1210x907, 12354987.jpg [View same] [iqdb] [saucenao] [google]
56821581

>>56820565

>> No.56821603

>>56820565
>get your $500 paycheck
>buy bonds
>government has to pay you ~$2 a month for 30 years
>do this 52 times
>now they're paying you $100 a month
>now you're 19 years old
>do this every year until you're 26 (on mom and dad's insurance)
>reinvest the money the government pays you
>retire at 27
Wallah. The cheat code.

>> No.56821611

>>56821497
Physical castration
Chemical castration

>> No.56821935
File: 153 KB, 453x457, 1655648941521.png [View same] [iqdb] [saucenao] [google]
56821935

>>56820565
never ask gurus or read books about it
it's complicated to maintain some wealth when you get to that point, I put a quarter in SORA and it ended up becoming emergency money, imagine the rest lmao

>> No.56821994
File: 223 KB, 702x1013, 1700429307229845.png [View same] [iqdb] [saucenao] [google]
56821994

Money literally flows, monetary expansion causes money to flow almost exactly like electricity, with the "monetary impedance" (how easy an asset converts to money) of an asset determining how fully an asset inflates for a given increase in monetary base. The nominal future price being a product of (monetary expansion/monetary impedance)*(real demand growth). BTC, being low impedance, will grow at the rate of (monetary expansion)*(demand growth), demand will continue to grow because an inverse of monetary expansion without liquidation risk, volatility decay, or counterparty risk is highly valuable, money stock will continue to expand because monetary expansion is the mechanism behind oligarchical parasitism.

>> No.56822014

>>56821603
Real yield is always zero to negative under debt based fiat.

>> No.56823743

>>56822014
Doesn't matter. Taco bell and lumber companies take fiat.
I'm ready to hang bankers when the hat drops, but until then...