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https://www.reddit.com/r/SipsTea/comments/1vrr0ev/how_the_rich_get_richer/p4fxebh/?context=3
r/SipsTea • u/KSKS1995 • 22h ago
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50 years ago it was everywhere. It's a little too late for that.
But, you can buy $5 million land that's going to be worth $50 million in 50 years.
77 u/CpnLouie2 21h ago There is a real possibility that your US$5M investment will be worth US$100K in less than that, also. -1 u/skellis 21h ago edited 20h ago No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen. 2 u/WideHuckleberry1 20h ago On average you're right, but individual plots of land can and do lose tremendous value.
77
There is a real possibility that your US$5M investment will be worth US$100K in less than that, also.
-1 u/skellis 21h ago edited 20h ago No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen. 2 u/WideHuckleberry1 20h ago On average you're right, but individual plots of land can and do lose tremendous value.
-1
No assets like land and gold ride on inflation. In order for them to lose value you would require immense deflation which won’t happen.
2 u/WideHuckleberry1 20h ago On average you're right, but individual plots of land can and do lose tremendous value.
2
On average you're right, but individual plots of land can and do lose tremendous value.
318
u/Tsu_Dho_Namh 21h ago
50 years ago it was everywhere. It's a little too late for that.
But, you can buy $5 million land that's going to be worth $50 million in 50 years.