As mentioned in the previous article, Lao Ba said that the best investment under super-inflation is to invest in yourself. In fact, investing in yourself is investing in assets. The only way to defeat inflation is through assets. By increasing your overall strength, you can invest in assets. Improve the success rate in the process.
Some time ago, there was a popular saying on the Internet: deflation for the poor and inflation for the rich.
The poor have cash in their hands, currency is over-issued, and commodities are Prices rise, currency depreciates, expectations fall, purchasing power tightens, businesses are under pressure, incomes decrease, cheap labor gets involved, and everything goes smoothly.
The rich are full of assets. Benefiting from rising commodity prices, Assets appreciate, the assets are exchanged for currency at high prices, and then the currency is used to harvest the high-quality assets that were wrongly sold to complete the layout of the next cycle.
In the hands of the poor, money is used to buy consumer goods, and it is one-way and irreversible. .
In the hands of the rich, money is currency, and what they buy is assets. Assets are two-way and reversible. As the policy environment changes, the cycle goes back and forth between assets-currency-assets.
Save your savings, don’t pay the IQ tax, save your precious currency, and buy assets.
Make good use of the cycle, prepare carefully, look for and wait for the best opportunity to make a move. Strike hard. .
The larger the asset size, the more important it is to consider safety and pursue stable compound interest. In order to balance investment and avoid risks, eggs are usually not put in one basket.
Small-scale assets , you must make good use of leverage, concentrate your limited strength to accomplish one thing, put your eggs in one basket and keep a close eye on it, be brave in trial and error, because of its small size, you can withstand the cost of sinking, even if the principal is lost, wait a moment When a cycle comes, you can still give it a try.
There are not many asset carriers that can be converted in both directions, including high-quality real estate, precious metals (gold and silver), commodity futures, antiques, calligraphy and painting, and undervalued high-quality equity. p>