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To: sanjuanbob

>> Don’t have debt. <<

Why not lock in debt at low rates? Pay off your credit cards, etc... but what’s wrong with a 3% interest rate on a mortgage in an era of hyperinflation? Just don’t invest in things whose value will collapse... and keep in mind, real-estate markets ARE volatile, and it’s very difficult to maintain a diverse portfolio.

Best investments: kids who love you. Family who has your back.


74 posted on 03/10/2021 5:27:34 AM PST by dangus
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To: dangus

In hyperinflation, housing might not keep up. it could do nearly the opposite, as the masses will never afford to buy. It’s almost that way now. What good is a 3% mortgage when the property value is under water?
Or when your income dries up. When loans are good deals, it’s the beginning of trouble.


83 posted on 03/10/2021 5:41:18 AM PST by sanjuanbob
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