Theres no point of putting fiat in savings account or any "investment" accounts today since most are below the 3%...

Thanks, will have a look.

Can you explain why it provides ~10pc a year?
If you can't, then you probably shouldn't invest in it.

sure, speculators borrow it to margin long cryptocurrencies.
Use eth as collateral, borrow DAI or USDC, buy ETH with DAI/USDC and you have margin long.
The interest rate centralized exchanges is actually higher (11.6% on bitfinex right now).

The same mechanism also works as a way to short cryptocurrencies, just borrow them instead of dollars.

A gold stablecoin is arriving soon:
coindesk.com/paxos-launches-gold-backed-cryptocurrency
once it's added to DeFi dapps, it's going to be possible to long and short gold - all fully on-chain, no kyc/aml.
In the more far future, once tokenized real estate arrives, the same mechanism is going to work for mortgages. Lock a house as a collateral in a dapp and get dollar stablecoins (which can be used to pay for the same house, all in one atomic transaction).

>app.compound.finance
>margin
it's bascially a 'liquidty ponzi'.
Stay clear.

Rare element
Money for 6000 years.
That simple.

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Funds, individual stocks, physical PMs, peer 2 peer, international bonds.

I have a question, Jow Forumsraelites. How do I take advantage of the higher central bank rates in Russia and Brazil, for example?

Imagine the fucking smell.

You know borrowing to buy on leverage is more than a hundred years old practice right? How is it a ponzi?
The only new thing is that it's a dapp on-chain rather than a centralized provider.

>How do I take advantage of the higher central bank rates in Russia and Brazil, for example

Are you planning on spending money in Russia or Brazil? If not then you can't. Because the gains will be offset when you convert the currency back.There might be so fx carry trades you can do with spot, but I'd have to check that.

>Index funds or REITs

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LMAO brainlet nigger
bitcoin is built for being your own bank/ savings account
good luck outperforming bitcoin
nothing has outperformed it
and nothing will

There is actually a good reason for holding cash even with pathetically low interest rates. You will have expenses that can only be settled in the currency your country uses. Tax collectors, mortgage banks, etc. are not going to accept shares of stock, cryptocurrencies, or even precious metals for what you owe them. So you need at least enough cash to pay all of your living costs for a few months even if you don't have any income.

Secondly, cash is worth exactly what is worth and has no volatility in that regard. This is important in periods of time where there are many overpriced assets on which you stand a high risk of losing money. While it is true that it is very unpleasant to get paid only 2% or so on cash when you can potentially make more in equities or bonds. However, what if equities fall by 40% or more? You will then be able to convert some of your cash to equities at that point in time if you want. This was exactly the scenario that played out in the dot-com and housing bubbles.

Low interest rate environments such as we're in are terribly unfair but that's the cards we are dealt by the crooked central banks. You can speculate in the rigged casinos and maybe make a fair amount of money. However, if you don't exit the casino, you will lose all of the gains you had made and even lose principal.

I've lived through the dot-com and housing bubbles and that was the painful lesson learned: Cash is shit but you don't have to be (and should not be) always invested when there is a clear bubble. It is better to lose a little money (inflation) than to lose your ass in a market crash.

simple, gold

Total stock market index fund, or even an S&P500 index fund. I know it's considered "boring", but there's a reason why they're so dominant.

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buy holo

Real estate. What I'm doing.

>buy housing, fix it up depending on neighborhood, you could sell it but that's a lot of trouble (not like they make it on TV) but rent it out for a while
>if rent >= loan/expenses, you're golden

My LLC has nine houses, total generation is $6k a month and total outstanding loans is around $2500 a month, that includes renovation costs in certain homes. That gives me conservative $3k profit each month, last year it was over $40k then factor in property taxes (around $6k a year) and my LLC brought in $34k. Way the finances are setup, minimize my tax burden and I still do pretty good each year plus I work a regular job. I also have actual physical assets.

Recently I've also got into the car rental biz with the apps available (Turo and Getaround). Bought two surplus cars from local government, still fairly new, rent them out to people with the apps. Already made my money back on each vehicle. I have traditional investments and 401k and shit too, and even crypto, but plenty of ways to make money with a little effort.

How did you start? I was thinking of starting with mobile homes in parks. They can get extremely cheap.

BASED

Good credit score, took out some loans, found opportunities that were cheap. Also have two properties as you mention, mobile homes. Only negative of that is lot lease, but like one property cost me $500 (was old trailer and original owner had passed away, kids didn't want it). Not in bad condition but they didn't want to pay the $200 lot lease each month or move it. So it rents for $350 a month, which is $150 profit on lot lease. No property taxes since it's a lease. Also, you have to deal with the park itself, but this park is aimed at older people and my renter is an older couple who downsized. The other mobile home in a park is in a white trash area, but the people don't bitch and it gets me $500 a month on a $300 lot lease, which they do $3k a year if you pay up front (so saving $600). I do have a third mobile home, but it's on actual property. It wasn't very expensive either, only $8000 for it and two acres of land. Did need around $1000 worth of work, and while I'd generally advise against putting a lot of money into mobile homes, it rents for $600 a month because of it's location and extra land.

Park houses are cheaper because of the lot lease and because many of them tend to be older. You get mobile homes pre-HUD and you can run into all kinds of issues with renovations and poor quality. The only reason I bought the first one was that the original owners had taken really good care of it, and while it is an older mobile home, it had been maintained well and didn't need any real repairs. Just cleaning out. But one positive of mobile homes is you won't have to spend as much money in repairs, because most people who rent these properties expect less in return, so no need for fancy HVAC or premium floors or shit like that. The cheapest fucking linoleum or tile and some used window units is all you need to keep them happy.

I'll add. Current project is an older house I bought. Big house. Poor neighborhood but not crime-ridden, police department is on the same street. Currently developing it into a duplex because where it might rent for $700/mo as a single because of the area, I can get $500/mo each unit as a duplex and undercut the local apartments. House layout allowed me to easily do this too as it's on a corner lot, so one "house" is on one street corner, the other "house" is on the other. So there is some privacy, and converting a large 4bd/2ba into two 2bd/1ba is more profitable. Each house got one bathroom and two bedrooms, one got the original kitchen, the original dining room became a bedroom for the second house. Original utility room with one house, the other house had the master closet converted into a utility room and the master bedroom was converted into second kitchen and living room. Little more costly than other builds I've done but I maintain a warehouse of used goods and building materials I get for cheap so that helps out too. All tax deductible.

my parents do this, they have two home which the mortgage including taxes for each is $3000, and they rent them out for $3400. Seems like a pretty shit investment no?

It's an asset, and if you live in a good neighborhood, it'll beat inflation, which was OP's original concern.
As long as it pays for itself and stores value, no big deal. My concern would be the manhours needed to keep it up to par. I wouldn't want to spend my weekends fixing up something that was only netting $400 a month.

It's a shit investment in a narrow mind, but when that mortgage is paid for, it's a great investment for them and/or you. Mostly you and/or other kids unless they fuck you over. That's like I have one property that in the beginning year only made me $46 profit. Seriously. Forty-six fucking dollars. Loan paid off now and that fucker makes me over $5k a year profit. Also it adds to equity for my LLC, which allows me to get more gibs. Also if they're doing it there are ton of tax deductions and expense deductions that would greatly increase their $400 profit.

Not as much of a problem as you think. You'd be surprised how many tenants value privacy and just won't bother getting a hold of you. Also of course they move out and you find that the fucking counter has a hole in it from when they burned something. But you keep that deposit money. Out of all of my properties that are rented with tenants and not new to my stable, I had to go out three times total. Costliest expense was during a storm a tree fell and knocked out the power line. Cost me $600 to get an electrician to do the repairs, power company reconnected for free, and I got a few hundred for the firewood so my total cost was ~$400. That wasn't even one month's rent payment, plus it was deductible as a business expense.

houses are not assets though theyre liabilities. productive farmland is an asset not a boomerhome

the main issue is if they cant find a tenant for a few months. bam thats $9k out the hole and it only goes to interest

howd you pay off the loan? its a 30yr mtg

>Theres no point of putting fiat in savings account or any "investment" accounts today since most are below the 3% inflation rate.

No shit retard.

That's why you invest in stocks and corporate bonds which pay either dividends or substantially higher interest.

I'm investing in Canadian energy stocks which pay me a 10% dividend ALONE, in addition to capital appreciation.

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>I'm investing in Canadian energy stocks which pay me a 10% dividend ALONE
Are those the MLP things? is it priced in CAD or USD?

Cryptocurrency.

I'm I'm I'm COOOOOOOOOOOOMING OH SHIT NIGGAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AHHHHHHHHHHH

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