No no no no no!
I don't have too much time to educate you, but you do you and maintain stupidity. Here's a bit of free knowledge for you since you obviously need it. No fiat currency has survived indefinitely, let alone the length of time our currency has. Also, the USD has already devalued over over 99% since inception. Just look at what has happened to gold and bitcoin since I made my last post. Gold has shot up 3%, bitcoin up 10%, and dollar has gone down. Our dollar is being announced that it will be devalued by Trump because it's too strong (more manipulation). We have war in Syria and potentially Russia. We have potential nuclear war with North korea and China amassing troops near North Korea. Not only do we have potential war with North Korea, we have potential war in East Asia if there is war in North Korea.
http://www.investopedia.com/terms/f/fiatmoney.asp
"Because fiat money is not linked to physical reserves, it risks becoming worthless due to
hyperinflation. If people lose faith in a nation's paper currency, like the U.S. dollar bill, the money will no longer hold any value. This differs from gold, which, historically, has been used in jewelry and decoration and has many modern economic uses including its use in the manufacture of electronic devices, computers and aerospace vehicles."
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I do agree that real estate and business (real business, not paper stocks) are great investments but not right now in this inflated market when they are at peak levels again. Educate yourself a little more on the markets, economics, and business before you make recommendations and brash statements. We do not have a free market economy. Our interest rates are manipulated, our money supply (fiat dollars) is manipulated, our stock market is manipulated, and when everything is manipulated to the upside and we're topping off in bubbles, don't buy high and put yourself at risk.
Haven't you learned investing 101? Buy low and sell high. Not buy high and get raped during a crash and sell low and go bankrupt. That's what happened when idiots like you bought into the housing market during the last peak. Buy depressed assets (that are being depressed because of bad policies) that are severely low and sell when a crash comes as they go up. Take that money and buy back the same investments like housing and businesses that people will dump because of stupidity at record low prices.
https://www.nytimes.com/2017/02/10/upshot/popping-the-housing-bubbles-in-the-american-mind.html
http://www.nbcnewyork.com/news/loca...te-Market-Drops-in-2016-Report-408408555.html
http://www.slate.com/blogs/moneybox...falling_in_new_york_city_is_this_a_crash.html
Supply and demand should have rents up and real estate value down or real estate up and rent down, but in this economy both are astronomically high.
Like I stated earlier, do you. Hold your shares of the stock market (i actually thought you meant owning your own business but you didn't). Own paper shares of a company that have been increased to absurb levels and have been driven up not by prosperity and growth, but by manipulation. The majority of the stock market increases have come from share repurchase programs meant to drive the price of the stock up because growth has either stagnated or worse, declined. The record low interest rates only fuel these share buyback programs because these large corporates can borrow at such lows interest rates because they borrow in such large quantities, and use this cashflow to buy back their own stock. So if the company isn't attractive from a financial perspective, atleast the stock is.
http://fortune.com/2016/08/30/us-stock-buybacks/
"Buybacks, which cancel shares and thus increase per-share earnings, have played a crucial role in supporting the stock market since the financial crisis, flattering earnings even for companies with static or falling revenues."
http://fortune.com/2016/04/25/buybacks-stock-market/
"Corporate repurchases are the main source of net demand for US stocks," a team of Goldman Sachs analysts led by David Kostin noted in report out on Friday. Demand stemming from stock buybacks will help push up share prices—boosting the S&P 500 to a flat return of 2100 by the end of 2016 as the markets contend with weak growth and a messy earnings outlook, according to the Goldman analysts.
Once again, no no no no.