making provision for an uncertain future has taken the very simple form of an investment {usually leveraged, that is debt-financed} in a house
Niall Ferguson's book, The Ascent of Money: A Financial History of the World, discusses the concept of preparing for an unpredictable future through financial means. One of the simplest methods highlighted is investing in real estate, often using leverage, which involves borrowing money to finance the purchase of a property. This approach allows individuals to secure their financial future while managing risk through the asset of a home.
In today’s economy,...
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All the things you can talk about in anyone's work are the things that are least important.
Race of Cain, ascend to heaven, And cast God down upon the earth!
