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Early_To_Risa@sh.itjust.works

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Anon calls in for financial advice (sh.itjust.works)

submitted 1 week ago by Early_To_Risa@sh.itjust.works to c/greentext@sh.itjust.works

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[–] KillingTimeItself@lemmy.dbzer0.com 1 points 1 day ago

the trick here is balancing between liquid assets, physical assets you could sell (cars, things, another house maybe) and investments into the stock market, where you can still beat your inflation handily. It requires more money overall, but you pull out more money long term as well. And if you play your cards right, you get minimum risk aversion. While still managing to put yourself in an economically sound place.