Thus, taking into account the data provided by Visual Capitalist, leaving money as an inheritance to the next generations is wro
18 May 2023, 08:59
Thus, taking into account the data provided by Visual Capitalist, leaving money as an inheritance to the next generations is wrong, because its value decreases greatly over time due to inflation. 📉
As you can see, the only solution to escape the crisis is always gold, an asset that over time is very valuable.
If, for example, you left $1 million in cash to your descendants in 1910, it would be worth about $300,000 today. Instead, if you had given them this money in the form of assets, today they would have four times as much. 💸
Commodities are always the escape from the hamster wheel, and the rich already know this. Thus, it is best to accumulate money throughout your life, turn it into assets and pass it on to your children. 📈