People who are good with money say that you should do your best to spend money on things that appreciate in value (like gold / bitcoin / real estate) rather than depreciate (phones / cars). I've been enjoying watching my (very) small crypto investment grow over the past while, and it has me thinking: when is the right time to cash out? For me, I'm dreaming of a heavy equipment purchase that could be the groundwork for a small business. Although my crypto investment could continue to grow over time, I would happily pass on those gains if it meant I could set myself up with a decent annual income (and I can always reinvest my earnings later). I'm curious to hear, what kind of financial plans are the rest of you making? Or are you just going to buy lambos?
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