Financial crisis? Exchange money to gold or house during the current economic situation?
Absolutely. You cannot keep cash in your hand. You must. You should change the cash to real estate or shares, all the company shares, because the inflation rate is very heavy. Now, if you keep the cash, and even you put it in the saving account, how much interest can you get? 1 %, 2 %. That's maximum right now. That is very small.
And yes, it's very stable. And compared to the inflation rate, it's 6 %, 7 %, even 8 %. You are losing money every week, every day, every month. So please do not keep cash and do some investment. And there are two kind of investments you need to invest. Actually. I have another radio talk about this kind of situation.
And there are two kinds of investment. The 1st one is real estate, and it means single house, condo or commercial properties and these kinds of things. Why? Because two reasons. The 1st one is the probative value will be increased later eventually, and maybe one year later, maybe two years later, eventually the property price will be increased, guaranteed. And another thing is you can collect rent every month.
So it means you get money every month, and then later you get a big jam for the property value. So why not? Right? And another choice is a share, is a business share. Company share. You can buy the private company shares, or you can buy the public shares. And just make sure good companies shares. Don't buy any company. There are so many companies. Not every company can make money.
So if the company cannot make money, you must be careful, because if you cannot make money, they will lose money, and eventually you will share be nothing will be zero. So if you buy these kind of shares, and you will lose all your money, if you don't have any ability to tell and which companies share is good, don't buy that. Just put your money in the back. Just keep the cash.
You can buy any shares, but you must make sure the shares the company is good. If the company is not good, they are not making money. If they are losing money, especially for the stock company, or if for the high-technology company, it will be a risk if they are not a very good one, right? So because they are not making money, they are losing money, and they just project futures profit. So you should be careful about that. OK? So it's better to buy some company and they are making money right now. They make a profit every year.
So for this kind of company, and you can buy, make sure you have the profit, you have the dividend every year, or every quarter. And also, for these kind of companies, their share prices will be increased every year because it's a good company. Every people, every investor, want to buy this kind of company share. So it doesn't matter if private company or is a public company, it doesn't matter about that.
More details, please watch the video.
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