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The Way to True Wealth

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zacb
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The Way to True Wealth

Post by zacb » April 28th, 2013, 3:53 pm

http://intlifestyleforum.forumotion.com ... -wealth#34

Learn from this. Wealth is not in paper, but real assets.
Last edited by zacb on April 28th, 2013, 4:28 pm, edited 1 time in total.
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Moretorque
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Post by Moretorque » April 28th, 2013, 4:19 pm

Sometimes those asset's can be a noose around your neck, like if you have to move in a hurry and the way America is going the move part is about right.

It's not necessarily assets but real property rights and the ability to store wealth efficiently in a way to where it does not evaporate because of inflation because of the debasement of the current financial system.

The real key is a educated public so we can enforce fair laws for all in society and enforce property rights.

The social engineers running this con have made there point loud and clear, da herd be pretty dumb.
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Contrarian Expatriate
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Post by Contrarian Expatriate » April 28th, 2013, 4:21 pm

Absolutely not!

More often than not, tangible assets depreciate. So unless you stock up on property, precious metals, or art, you have wealth killing possessions.

Then you have the small little minor issue of lack of liquidity. You can be the richest person in the world, but if your assets are not liquid, you just might starve to death.

zacb
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Post by zacb » April 28th, 2013, 4:33 pm

That is what I meant by real assets. I am not saying you should buy paper (in large amounts), but should invest in real assets like property, gold, farmland, etc. It is true that they can bind you, but it is certainly more portable than having to work for someone. Perhaps a good compromise would be selling digital products. In a sense, there are not many recurring costs, thus you basically mint money, assuming they are timeless topics (money, health, relationships, etc.)
The Daily Agorist, Learn to Live Independent of the System! http://www.theagoristreview.blogspot.com

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