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This is misleading. The question is, what is a better strategy? Like, you lose real value after this scenario, but you would have lost more if you'd have kept
by jlebar 10y ago
This is misleading. The question is, what is a better strategy? Like, you lose real value after this scenario, but you would have lost more if you'd have kept the money under your mattress. The only relevant question is: compared to other strategies, do you come out ahead?
- Retric 10y agoI think the default option is usually to spend the money now. If your choices are go on a 'cruse' today, or invest your money wait 15 years and then pay for a cruse waiting seems pointless. If you wait 15 years and can't pay for a cruse your clearly worse off. If you wait 15 years and can pay for a cruse and have money left over then that's an advantage to investing. Sure, you can consider several investment strategy's. But, you can't see the future when your deciding what to do today. So, you can't say ahead of time what the best strategy is.