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Is this why every ad I see lately is from Carvana asking me to sell my car?
Are there any assets that don't require a bunch of maintenance you'd recommend?
100%, thats why a lot of companies are trying to buy houses / cars / etc. For the last few years the writing has definitley been on the wall.
I do have one recommendation for an asset that requires no maintenance, but a lot of people aren't going to be happy when I say Bitcoin and Ethereum are worth investing in now more than ever.
Both are fairly simple to own, you don't need to buy a whole coin, just a fraction, and self-owned wallets are still legal. (Which let's you stake your crypto for a nice 5% or more return). I've made 12% staking Cardano, beating nearly every bank savings account in existence. It's very easy to do the same with Ethereum.
Crypto in general is certainly full of scams, but the foundational tech and the coins that come from it are certainly worth holding now more than basically any other currency. All currencies are basically tied to the Dollar for dumb and complex reasons, so crypto is literally the only thing that will not lose value as the dollar does.
Not much maintenance to hold it either. Just do research to be secure with your wallet. I hate Coinbase, but they are certainly the best at getting you started. Diversifying into crypto is likely safer than any other physical asset too at the moment as there will always be a buyer. (Not as easy for a car to become liquid)
And a note: for anyone that wants to argue about crypto, please understand I see it as something that is both a currency AND commodity. So know that I belive it has the strengths and weaknesses of both. Most crypto debates categorize crypto as either one or the other to focus on the weaknesses in each. Yet crypto has a return better than any other investment in the last 10 years, likely because there's value in something that works as both a currency and commodity.
Anyway, it's probably not the answer you wanted, but Crypto, specifically Bitcoin and Ethereum are a great way to diversify against uncertainty when bluechip markets are now as uncertain as crypto ones.
Next best after that is appliances, but same issue with maintenance.
Thanks for the reply. I came to opposite conclusions and sold all my crypto earlier this year. It seems to me its value is entirely based around propping up the USD. Finance is now using BTC to avoid regulations and inflate other paper assets. I expect BTC to plummet harder and faster than USD does.
As someone who grew up poor but still has had mostly peace and stability in my life I struggle to understand why people intentionally cause strife. :(