Have you money parked in appreciating assets (aka cashflow)… Think of it this way: Inflation means the buying power of the dollar is going down. Appreciation means the value of an asset is going up… These two work hand-in-hand…
Here’s my personal list that I go buy in order of importance with examples
- Appreciating asset – Home Value going up AND you’re cash-flowing monthly
- Depreciating asset – Home Value going down BUT you’re cash-flowing monthly
- Appreciating property – Home Value going up BUT you’re breaking even on your expenses
- Appreciating liability – Home Value going up BUT you’re losing money monthly
- Depreciating property – Home Value going down AND you’re breaking even on your expenses
- Depreciating liability – Home Value going down AND you’re losing money monthly
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This reply was modified 10 months, 3 weeks ago by Nelson.