Australia's largest stock trading and investment forum Australia's #1 stock forum

Smart people own properties & gold bullions.

First 22 Last

Share
Profile

Follow
Forged

12,623 Posts.

138

02/07/17

16:36

Post #: 25615701
Share

Originally posted by ecsc ↑

Then, hyperinflation sets in (because more people cash out and have more cash on hand), and $800,000 then becomes $80,000 equivalent now. Retirement village will charge more due to hyperinflation expected to continue. Expected Easy life gone in this case.

The similar thing has happened to hard-working and saving people with term deposits in banks during the past 20 years. Due to the hyped real estate prices, many of them still struggle to buy a decent home with their deposits over the years. Those who are counting on selling their property to fund their retirement will be hit hard similarly when high inflation happens. Nobody will be winner forever. Just my opinion.

Expand

Smart people own properties & gold bullions.
1 Upvote

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

STX

Strike Energy secures $153 million for Perth Basin gas projects

BRX

Belararox delineates another porphyry in Argentina at Tambo South

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

FHE

Frontier Energy achieves key milestone for Waroona energy project

GYG

Guzman Y Gomez shot up nearly 40% in first hour of trades. Can it last?

There are more pages in this discussion • 222 more messages in this thread...

First 22 Last

SPONSORED BY