Where do we start?
What would be the impact of America losing its credit rating? Certainly a big shot to the dollar.
What's the impact of the massive printing of new dollars? A further decline of the dollar.
What's the impact of low interest rates? More bubbles and more decline of the dollar
The common thread here is obvious: holding our net worth in dollars is a risky. The dollar may become worth about as much as the paper it's printed on. Put your money in something solid. Gold holds its value, but it doesn't give you an income every month. Affordable real estate in strong markets holds its value and gives you a monthly income.
People need a place to live. The commodities used to build a structure are valuable, and increase in price with inflation. Rents increase over time. You can protect yourself against the tsunami of inflation: Real estate has always been one of the best hedges. Just ask anyone who bought 30 years ago and still has the property today.
To Your Health & Wealth,
Kathy and the Real Wealth Team
Tags: Current Events, dollars decline, Inflation, Why Real Estate?
