Michael Saylor: "Traditional Methods of Growing Wealth are BS when you do the Math" 📉🐂💩
Michael Saylor explains that the traditional investments of our parents and grandparents are no longer viable today. Holding cash is a terrible idea. Savings Accounts appreciate below the inflation rate, so do most Stocks & Bonds. The S&P 500 grows at exactly the rate of inflation, so at best you break even. Real Estate appears to appreciate in price but is actually stagnant; it's the dollar that's losing purchasing power. Same with Gold. Silver has lost significant value over the years, more than 3/4ths since 2011.
The best traditional asset can hold value, but wont appreciate and grow your wealth. So what does? What can you own that has been proven to generate wealth?
Original Video by Savvy Finance: https://www.youtube.com/watch?v=OuJnTPw3-EU
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