Pay off my car with my savings?
I have reason to believe we are heading towards a recession and the value of my dollar will be $0
Pay off my car with my savings?
I have reason to believe we are heading towards a recession and the value of my dollar will be $0
This is very smart - I'm also converting dollars to hard assets right now - gold, silver (I esp, love silver), and property in promising locations that will hold and grow in value relative to the depreciated dollar losing value to inflation. So that also means bumping up mortgage payment amounts and spending on renovations to put the value in a hard asset. The renovations are the kind that add the most property value, which in my area means baths, kitchen, finish basement, roof deck. I think XRP is the only crypto I like after the court case finishes.
We just pulled that trigger and put up the one paid-off asset we had for a loan for land. Tired of this hell. Need our own shit. Got an RV w/that loan too. Takin off this weekend. Normally, I'd be way more scared of RV living for a few months. But not in clown world. Lol