5 Reasons Cash Is the WORST Long-Term Asset
Not everyone agrees on the best asset to hold long term. But there’s one thing we all agree on: the worst long-term asset is cash. Invest in yourself today: https://www.alux.app We put together a FREE Reading List of the 100 Books that helped us get rich: https://www.alux.com/100books
Audio is streamed directly from the publisher (cdn.simplecast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
00:00 - Intro
00:25 - Cash is guaranteed to lose purchasing power
02:34 - Cash has no built-in growth mechanism
05:52 - Cash puts in you on the wrong side of the system
08:52 - Cash makes you overpay for safety
10:27 - Cash delays ownership transition
Tools:
Protect yourself online with NordVPN: https://www.nordvpn.com/alux
Get a free audiobook when you sign up: https://www.alux.com/freebook
Start an online store today: https://www.alux.com/sell
Sell an online course: https://try.thinkific.com/f5rt2qpvbfok
Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!
Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!
SUBSCRIBE so you never miss another episode: https://goo.gl/KPRQT8 --
To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ --
For businesses inquiries we're available at: https://www.alux.com/contact/