Re:A Tiny Hedge Fund Made 8,600% on a Vix Bet
by amenghra on Saturday February 10, 2018 @12:30PM
(#16348340)
If you keep your wealth as cash, it will get wiped out over time by inflation.
Now let’s imagine that you have enough money to buy 4 houses in a city/location you want to live in for the long term. I would say that’s pretty low risk because your cost of living is going to be roughly the same as what you can earn by renting out your 4 houses. I.e. you’ll be able to live off your rental income forever.
Therefore there are investment strategies that aren’t equivalent to gambling.
Now let’s imagine that you have enough money to buy 4 houses in a city/location you want to live in for the long term. I would say that’s pretty low risk because your cost of living is going to be roughly the same as what you can earn by renting out your 4 houses. I.e. you’ll be able to live off your rental income forever.
Therefore there are investment strategies that aren’t equivalent to gambling.