Post
Topic
Board Economics
Re: Im waiting Crisis to buy finally land and Property or to build myself
by
Fortify
on 12/10/2024, 20:14:11 UTC
Yes Im waiting crisis when i can buy finally land and Property everything is so expensive.
But war will make better prices in every bad there is something good war it's not good thing but at least you could buy something cheaper after war.

You should be careful not to fall into the trap of wasted opportunity cost. A recession has on average hit every 8 years and if you keep all of your money uninvested for a time period like that, two things are happening. First, the value of your money is eroded over time as central banks print additional money. Second, that money should be earning more money each year, which in turn feeds a compounding effect, if you're missing that - then your competitors during these bad times will likely still have a lot more spending power accumulated than you. Rich people know these cycles exist as well and will have deep pockets, with money in reserve.