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kerbs | 3 years ago

If you’re the kind of person who has cash to buy a house (or a significant down payment), what are the odds those assets were in cash and didn’t go down with the greater market?

Feels like a very narrow slice that would be cash-heavy over the last 1-2 years that would benefit from whatever size a house drop ends up being.

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pavlov|3 years ago

Sure, but the poster seemed to imply there as an asset class of “savings in things that the government can't print” which has done well lately. And I don’t understand what they’re talking about because cash is clearly the best performer.

It sounds like a goldbug/crypto argument, but gold is down and Bitcoin is down the toilet, so that can’t be it…