return2ozma@lemmy.world to News@lemmy.world · 1 year agoEvery billionaire under the age of 30 inherited their fortune, new report findslockfortune.comexternal-linkmessage-square32fedilinkarrow-up1315arrow-down113
arrow-up1302arrow-down1external-linkEvery billionaire under the age of 30 inherited their fortune, new report findslockfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square32fedilink
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up4arrow-down1·1 year 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-up5arrow-down1·1 year 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.