Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
deisik
on 31/05/2015, 18:22:07 UTC
It doesn't matter, Japan is still a good example how land can become worthless in less than a jiffy, and which actually happens throughout the world now and then (even for less dramatic reasons). Still insist that land investments are less risky than gold?

Im not farmiliar with the other fukushima incident apart from the nuclear incident but if you are pointing it to that than of course it is a risk that you have to endure for putting in investment. Where you resident at is indeed matter, I stated my point on why do I think that land could be a better option than gold

P.S : I dont insist that land is less risky than gold, Im insisting that land could be a better option. That has different meaning

I guess when you were talking about investment risks you actually meant profitability, since by no means investments in land can be less risky than investments in gold. If so, you still need a lot of expertise and experience in the field which is incomparable with buying some gold from a reliable source and forgetting about it...

As I said before, investments in land and real estate are a hell

I dont, Im stating the risk as well (I think). I honestly have told you that I based this on my experience though  Wink. Nevertheless anyone can have their own opinion on this thing. It is nice to have this kind of debate, basically it helps to understand more . Do pardon me if I am wrong on this, but I do based this on my experience that I think it is less risky to put in land than gold  Cheesy

Okay, you say that you base your opinion on your experience (would it be more proper to call observation?), but think if it would have been the same if you lived some twenty-thirty years ago, and then fast forward same years from now into the future... Would you be that confident of your "experience"?

With gold I am

P.S : safe deposits could be a better options as well although I know you are sticking with your goverment's debt  Cheesy

Wtf, I thought I made it clear enough that I stick with gold. And I actually put my money where my mouth is. I don't have capacity to store physical gold (I would if I could, and it is quite possible that I will in the future), but I'm long in gold futures and going to expand my stake if the prices decline a little further (which I doubt, at least to a significant degree)...