RE: Understanding How the Monetary System Works

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Understanding How the Monetary System Works

in money •  7 years ago 

How do you suggest dealing with this - Invest all your savings into gold, crypto and others assets like property? Seems like having savings in Fiat makes no logical sense.

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Always be investing your currency. Be either in the stock market or cryptos or gold and silver. Always be making gains and then always take some off of the top to save in the form of precious metals. Never hold cash long term. The longest term I would hold cash would be a few months if you were waiting for a good time to enter a certain market or maybe when you're looking to buy a house or vehicle.

Great answer. Thanks for the insight!

No problem. Thanks for commenting!