I have been saving intensely for the past 10 years. Now that interest rates are dropping and governments around the world are printing more cash. It means savings will erode and those that lived within their means are going to be punished. Wouldn’t now be a good time to go into debt? Won’t assets be worth more in the long run then cash?
This is a serious question!
Related posts:
- Is It Possible To Take A Loan And Put It Into Savings Account?
- What Can A Loan Officer At Downey Savings And Loan Expect To Make?
- How Can I Spend The Money In My Health Savings If I Leave My Job And Lose My High Deductable Plan?
- How Much Has The Savings And Loan Scandal Cost Us So Far?
- What Is The Difference Between An Savings And Loan And A Bank?
buy gold bullion and gold coins, guns and lots of ammo..
… this is a serious answer..
You’re right.. those who played by the rules get screwed by a government that buys votes with your tax dollars. prints money out of control so that yours is worth less. tells you that what you want doesn’t matter and that you can’t possibly be smart enough to know what is good for you. (auto bailout was overwealmingly unpopular yet it is going to happen anyway). I wish I had re-fi’d my home 12 times, purchased cars and boats and big screen TV’s and lived large… then cried to the TV cameras saying how the banks and mortgage brokers robbed me of my life savings… booo… friggin… hooo.
WAKE UP PEOPLE… time to take back the country from those determined to destroy it.
what planet have you been living on? The value of the dollar has been shrinking for years. Assets are nice but cash is always king
No