Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
arallmuus
on 29/05/2015, 19:21:59 UTC
Gold is not always a good option though. Basically if you are looking to invest your money into a form of "goods" than real estate is a better option than gold. Obviously it is because real estate business have always been increasing since the past time and had neber shown a sign of decreasing ( more human , lower hectar of land, higher real estate prices ). Plus that "land" is much more easier to keep than gold though

Not all of that is true, real estate for some time it will loss the interest in people because of the taxes, and it will increase when the tax officer wont come into their place to ask for their taxes but the price of gold is always stable and it is really worth to keep it and invest in it and we never pay tax for it so we can keep on investing in it without any worry about gold price. If you ask people about keeping land or gold, I think more people will choose gold because place to keep gold is easier to find than keep a land

Indeed it is much simpler to keep a gold than to keep a land and also gold is not tax-able . Gold price is actually not stable, if you look at the chart you could see that the price has fluctated for some period of time. My logic on this woud be because gold is consider to be a commodity, which means that in 100 years there will be something to replace gold "perhaps" . BTC could be the next "commodity" to replace gold but with land , in 100 more years there will be huge population boost (considering the population growth) and there might be a shortage of land, thus this will increase the value of it though

You don't need place to keep land. Though land is a by far more risky asset than gold. Internet and Hollywood are full of harrowing stories and movies about people investing in land and then going bust when their expectations didn't come true...

Not quite risky IMO. Actually any type of "investment" is risky. Best thing to do would be to choose one that has less risk than the other. Basically land will preserve less risk than gold though