Elon Musk showed the most reliable ways to store savings

Elon Musk showed the most reliable ways to store savings

American entrepreneur and billionaire Elon Musk tweeted about the most profitable and safe way to keep your savings. He said that keeping savings in US dollars is becoming increasingly unprofitable and even dangerous in the face of rising inflationary pressures. Musk noted that the sharp increase in US inflation this year had made the dollar a very unreliable means of storing one’s financial savings. He recommends investing in physical things such as real estate, as well as in stocks of companies that produce high-demand and quality products. In addition, the American billionaire still has great confidence in the virtual currencies in which he keeps his savings. On Twitter, he wrote that he has no plans to sell his cryptocurrencies, such as Bitcoin, Ethereum and Doge fwiw.

Source: xCritical.com

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