Kikes: Australian Edition
Kikes
He’s right tho. If you have too much money then you’ll just spend it on stuff and then you won’t have any money and how do you expect to retire on that
You're a good goy. Have a shekkle
Realistically you should be investing it.
Not much point in holding actual cash, especially at a low interest rate.
It's true fucking retard. Put your money in stocks or real estate
And that's a good thing.
for the coming austerity
>major recession signal
Let me guess, this article is telling you to invest your cash position into all time high stocks, real estate, and bond markets?
>keeps retirement in cash
>Loses (AT MINIMUM) 50% of purchasing power to inflation
cash doesn't keep up with inflation
investing is what smart people do. keep putting money under your mattress dumb bogan
>the sydney morning herald
baka senpai
Yes goy throw all your savings into (((investments))) at the top of the market
It’s a BOOMERang
>that boomer who still believes in cold hard cash
This, article is shilling boomer positions. I think we have 2 years absolute tops before we hit the hardest depression the world has ever seen.
>not cashing out re/ stocks/ bonds at ath
>not waiting out the crash in cash/ pm/ crypto
>not buying back in at the bottom
not gonna make it, boys.
you can literally 3x your stack if you sell your house now, rent for a few years and buy back your original house + few rentals with the same cash.
we are entering a deflation soon my guess is for 2020, in deflation cash is king however, quantitative easing quickly negates this fact. so yeah hold some cash (30-50%) and buy cheap assets when you can.
Yeah but the pokies don't accept stocks and bonds do they cunts? Exactly, how the fuck do you expect slap gaming room hoes with no fucking pineapples?
>real estate
>Calls other retards
>Wants you to invest your money in a big bubble
Top Fucking Kek
trips cobfirm
the only place to park your cash in this climate is link
In my country, after 25k you have to pay tax over your savings. The interest in the banks is lower than the interest you have to pay to the taxman. So you lose money every year, not to mention inflation which makes your money even worth less.
GOYED
>population over 7 Billion and increasing really fast
>real state is a bubble
Myfr iend...
>after 25k you have to pay tax over your savings
jesus christ that's horrifying
Where the hell do you live?
Why is your country not rioting in the streets and hanging your thieving politicians?
in my country there is problem
And that problem is the Jew