return2ozma@lemmy.world to News@lemmy.world · 7 months agoEvery billionaire under the age of 30 inherited their fortune, new report findslockfortune.comexternal-linkmessage-square43fedilinkarrow-up1490arrow-down121
arrow-up1469arrow-down1external-linkEvery billionaire under the age of 30 inherited their fortune, new report findslockfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 7 months agomessage-square43fedilink
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up9arrow-down1·7 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-up8arrow-down3·7 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.