5 ms·
If you’re the kind of person who has cash to buy a house (or a significant down payment), what are the odds those assets were in cash and didn’t go down with th
by kerbs 4y ago
If you’re the kind of person who has cash to buy a house (or a significant down payment), what are the odds those assets were in cash and didn’t go down with the greater market?
Feels like a very narrow slice that would be cash-heavy over the last 1-2 years that would benefit from whatever size a house drop ends up being.
- pavlov 4y agoSure, but the poster seemed to imply there as an asset class of “savings in things that the government can't print” which has done well lately. And I don’t understand what they’re talking about because cash is clearly the best performer. It sounds like a goldbug/crypto argument, but gold is down and Bitcoin is down the toilet, so that can’t be it…