I keep hearing from Trump's administration that "everything is historic" but this year, food, rent, and gas has all gone up. My roommate (mom) is depressed and losing hope. To be short, we both share an apartment. I've been losing hope. I cannot find and stable jobs, nor can she, and the cost of living could literally put us out of this place. We've been praying to God to protect Trump so he could make america great and affordable again. Does anyone here have any solutions on how to survive in this damn economy?
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Honestly the way I view it. The only way to adapt and survive in this system is to be invested for the long term in Wall Street and similar assets (e g. Bitcoin).
Why? Becuase the system is rigged to make those assets always go up. Not investing is basically not an option.
Everyone should be putting at least 5 percent. Ideally more into investments. There are index funds where you don't have to buy an entire fund / stock unit so you can start investing for as little as $1.
This is largely due to the monetary policy we have, the currency is constantly being devalued, bailing out failing assets and big banka whenever there is a "crisis", etc.
Ofc this can only help you build weather long term. There will be crashes and days or months where your portfolio goes down. Guaranteed. For an imminent situation like OPs, it doesn't help much. But even still OP should invest $1 today and get in the habit of it .
Anyone who thinks the solution is index funds, I have a great deal on a bridge for you. Guaranteed return rate.
There are no guarantees just probabilities
No, the bridge definitely has a guaranteed return rate!
"A" solution. Not THE solution.
Not “a” solution, either.
Index funds are not only a big part of the problem, but opening yourself up to the Great Taking.
They haven't been a problem for me lol!!
Bitcoin, bwahahahaha. Fake money.
If you are not invested in anything but hard assets I have some upcoming bad news for you.