Depends on how much you borrowed to secure the assets I suppose..borrowing to buy assets that secure the borrowing (i.e. can be repossessed by the lender ), means - generally - that the borrower will work to repay the debt.
it is in the interests of the government, to keep everybody gainfully employed, until death at least, and pay the taxes to line their grubby pockets.
I guess it also depends on if you decide to liquidise those assets while the market is still hyper inflated..(as it is now?) If you bought low and can sell high ,I`d say you could make a real killing..
I wish I could find a decent loaf of bread for £2.00!! ..I`d be happy to pay.2quid for a loaf of bread? well if you are retired, you'll take a part time job. if you're not - then take another shift.
Marmite just aint the same on the stuff they call bread here.
Your Gold is good..And gold? If gold were an asset - would you borrow money to buy gold?
But we prefer cash..
Work!! Ugghh!!..enjoy working
Don't mention that word.![]()