Economics Theory is based on "Wealth of Nation" written by Adam Smith.
Adam Smith stated that "A thing is worth how much a buyer willing to pay."
Put it in laymen terms "The Price of a thing depends on the demand or more accurate the demand relative to supply."
So, "Good Assets is something with high demand and low or diminishing supply."
Therefore, we have it - "Ground, Grab and Gold."
A) The ground represents the house, land, and estates.
B) Grab represents food - "Anyone that control food, control the world."
C) Gold represents valuable.
However, it is very difficult to define valuable. If the valuable asset, is the only one available on earth, theoretically the value of the value is infinity.
So, we want valuable that is diminishing in supply and demand continue to increase: -
1) Gold, palladium, platinum, and silver.
A sure winner for the future.
2) Precious stone
Second, valuable that will be diminishing in supply but have sentimental value due to its beauty, elegant as well as fashion.
3) Antiques.
While antique is value for its rarity and pristine condition at such old age. People would call it Vintage, Gothic or even National Treasure.
4) Arts
Arts are subjective in manner. As art is based on "the beauty and uniqueness of the eye of the beholder."
5) Ancient folk arts and amulets
This is similar to the ancients arts of the past generation.
Based on antiques and arts, the lifestyle, culture, and belief of a lost generation would show itself up for us to appreciate.
In the future, collectible' valuable' will appreciate a lot at the price. This is because most of the artefact would be lost, in time memorial and more people will be more appreciative of "Fine Arts" in the future. Hence, the existence of a museum of fine arts.
Like what owners of Patek Phillipe's watch always joke "Nobody owns a Patek Phillipe, we are the mere keeper of the next generation."
By the way, have you seen any antiques suffer a drop in price? Never. It only goes higher and higher and being sold only when someone is in need of money or fail to appreciate the value of it.
Everyone must realize that our past is our teacher, that guide us, to a better tomorrow.
Winston Churchill sum it best "the more we delve into the past, the more we can see the future."
Good Luck! Amigo!
Sincerely,
Dr Lion.
Adam Smith stated that "A thing is worth how much a buyer willing to pay."
Put it in laymen terms "The Price of a thing depends on the demand or more accurate the demand relative to supply."
So, "Good Assets is something with high demand and low or diminishing supply."
Therefore, we have it - "Ground, Grab and Gold."
A) The ground represents the house, land, and estates.
B) Grab represents food - "Anyone that control food, control the world."
C) Gold represents valuable.
However, it is very difficult to define valuable. If the valuable asset, is the only one available on earth, theoretically the value of the value is infinity.
So, we want valuable that is diminishing in supply and demand continue to increase: -
1) Gold, palladium, platinum, and silver.
A sure winner for the future.
2) Precious stone
Second, valuable that will be diminishing in supply but have sentimental value due to its beauty, elegant as well as fashion.
3) Antiques.
While antique is value for its rarity and pristine condition at such old age. People would call it Vintage, Gothic or even National Treasure.
4) Arts
Arts are subjective in manner. As art is based on "the beauty and uniqueness of the eye of the beholder."
5) Ancient folk arts and amulets
This is similar to the ancients arts of the past generation.
Based on antiques and arts, the lifestyle, culture, and belief of a lost generation would show itself up for us to appreciate.
In the future, collectible' valuable' will appreciate a lot at the price. This is because most of the artefact would be lost, in time memorial and more people will be more appreciative of "Fine Arts" in the future. Hence, the existence of a museum of fine arts.
Like what owners of Patek Phillipe's watch always joke "Nobody owns a Patek Phillipe, we are the mere keeper of the next generation."
By the way, have you seen any antiques suffer a drop in price? Never. It only goes higher and higher and being sold only when someone is in need of money or fail to appreciate the value of it.
Everyone must realize that our past is our teacher, that guide us, to a better tomorrow.
Winston Churchill sum it best "the more we delve into the past, the more we can see the future."
Good Luck! Amigo!
Sincerely,
Dr Lion.
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