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jimbos123456 · 05-23-2008, 06:43 PM

Real estate is going to tank the next couple of years and drop over 50%. Just buy real estate when it is nice and cheap later on. Bank saving is good only when it is done in foreign currency accounts, or foreign currency bonds at the moment due to inflation. The US dollar is basically toast for the next couple of years, perhaps even decades. I think you should stay in foreign currency, because it's simple and safe. If you get a degree do it debt free otherwise you might end up like the poor suckers graduating with 40k debt during a recession. I think the australian dollar, swiss franc, euro, canadian dollar, and chinese yuan well do well against the dollar.

05-23-2008, 06:43 PM	#3 (permalink)
jimbos123456 Member Join Date: Mar 2008 Posts: 86	Real estate is going to tank the next couple of years and drop over 50%. Just buy real estate when it is nice and cheap later on. Bank saving is good only when it is done in foreign currency accounts, or foreign currency bonds at the moment due to inflation. The US dollar is basically toast for the next couple of years, perhaps even decades. I think you should stay in foreign currency, because it's simple and safe. If you get a degree do it debt free otherwise you might end up like the poor suckers graduating with 40k debt during a recession. I think the australian dollar, swiss franc, euro, canadian dollar, and chinese yuan well do well against the dollar. Last edited by jimbos123456; 05-23-2008 at 06:46 PM.