by Pineapples Studio » Mon May 17, 2021 6:50 pm
Land is the smartest long term investment you can make, followed closely by precious metals, but keep in mind that those are only valuable to you in a recession and they’re only worth buying when the economy is doing well, so in the short term you’re going to lose money on them. They’re a security blanket for when things get bad.
All this other shit, apartments, business investments, securities, crypto, etc. is all gambling in one form or another. You never know how those things are gonna turn out. Obviously, an apartment is less of a gamble than an “investment” in dogecoin or GameStop or whatever. You can make a shit ton of money on bets like those, but you can also lose a shit ton of money, and most of the difference comes down to luck.