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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57208142 No.57208142 [Reply] [Original]

But why?

>> No.57208158

>>57208142
Human beings are stupid and irrational creatures.

>> No.57208163

>>57208142
Grow your money and have nice, private places to stay whenever you go to your favorite locations.

>> No.57208170

>>57208142
it's like you changing your desktop wallpaper
costs 0¢, takes maybe 5mins if your picky maybe more, basically free

>> No.57208204

>>57208142
life is pointless.

>> No.57208213

>>57208142
they think it's a store of value.

>> No.57208266

>>57208142
Her job involves moving around the country a lot.

>> No.57208311
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57208311

>>57208158
True, but as a finance guy it's also because of the following:
Singer/songwriter that doesn't care about money makes a lot of money.
"Honey you need to put money away"
"absolutely, i need the best money guy money can buy"
*Load saavymoneyguy.exe"
"We should put lots of your money into stocks, because it will grow and pay dividends"
"That's risky, I only want a portion of it."
"OKay then I guess we're doing real estate and actually this works for a number of tax purposes too"
"Oh great"
"yeah so now go shopping"

It's a form of risk aversion, believe it or not, and to most people it's an inflation hedge.
For the record it's not an inflation hedge, inflation fucking eventually destroys a country and you can't take your real estate with you when they tax the fuck out of you because somebody once read you have USD$84,000,000 in real estate lol.

Two things you can't ever buy back; Time and your anonymity.