return2ozma@lemmy.world to News@lemmy.world · 1 year agoEvery billionaire under the age of 30 inherited their fortune, new report findsfortune.comexternal-linkmessage-square46fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkEvery billionaire under the age of 30 inherited their fortune, new report findsfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square46fedilink
minus-squarecatloaf@lemm.eelinkfedilinkEnglisharrow-up0·1 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-up0·1 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.