return2ozma@lemmy.world to News@lemmy.world · 6 months agoEvery billionaire under the age of 30 inherited their fortune, new report findslockfortune.comexternal-linkmessage-square42fedilinkarrow-up1491arrow-down121
arrow-up1470arrow-down1external-linkEvery billionaire under the age of 30 inherited their fortune, new report findslockfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 6 months agomessage-square42fedilink
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up10arrow-down1·6 months agoThat’s typically what it means, yes. Having large amounts of cash is generally a bad idea, because over time inflation makes it worth less.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up9arrow-down3·6 months agoAssets other than cash have value. Land, for example.
That’s typically what it means, yes. Having large amounts of cash is generally a bad idea, because over time inflation makes it worth less.
Assets other than cash have value. Land, for example.