Money can depreciate over time. You can have €10,000 with which you could now buy a studio apartment. In the very long term, 20 years for example, with the same amount you can only buy a bicycle. The money market (if it can be called that) has begun to somewhat resemble that of cryptocurrencies.
Let’s just look at the difference between the EUR and the $ and how it has varied relatively much over the last few years, not being stable at all. Deposits in newer banks offer long-term interest rates that can be considered profitable. The way prices are going, the way the global economy is going, and with the crisis in Ukraine, they’re not even a little bit of a dampening, just something…there…
It’s like jumping from a great height, expecting a safety net, but all you get is a mat. You can’t simply rely on bank interest, and even less on pensions. When I say pensions, I mean that money that the state will have to pay to those that now you call grandchildren.
The most effective investments that have long been proven to be eficient are those in real estate, and land. The future is confusing, uncertain, possibly bleak for a certain category of people.
It is clear that TikTok, Only Fans and other similar networks will no longer become sources of income. It is clear that the majority of those who do this are currently doing it without thinking about the future for over 30 years.
It is clear that buildings, land, especially land, be it agricultural land or for building, will be expensive because more and more people will need it.
The most effective investments are in land and real estate. That’s how it’s always been! And if we are to say the right one, if you have 100 square meters of arable land with vegetables, you can still provide food for a period of time.