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submitted 6 days ago* (last edited 6 days ago) by inari@piefed.zip to c/memes@lemmy.world
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[-] iknewitwhenisawit@fedinsfw.app 16 points 6 days ago

Stocks in principle are used to represent ownership of a company. Companies sell things, and should provide returns, if nothing else as their assets grow due to profits.

Real estate, while it does not grow exactly, is needed for almost everything else. People need places to live, places to grow food and other crips, places to build schools and factories and restaurants and so on.

You're right that gold is the same as crypto currency though. It's valuable because we have all decided that it is valuable.

I have no idea what you mean by credit cards. That is not an investment. ๐Ÿ˜…

[-] d00ery@lemmy.world 6 points 6 days ago

Gold is used as a store of value but at least some of it also has practical use in industry, electronics and as jewellery.

https://www.gold.org/about-gold/gold-demand/by-sector

[-] iknewitwhenisawit@fedinsfw.app 3 points 6 days ago

That's fair, but lots of metals have practical use but don't have the historical place as a store of value.

this post was submitted on 25 Oct 2026
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