3 ms·
The inflation rate is 1.1% for the past 12 months - its not ideal but IMO its not that terrible relative to the risk of a market downturn blowing up your money.
by taurath 10y ago
The inflation rate is 1.1% for the past 12 months - its not ideal but IMO its not that terrible relative to the risk of a market downturn blowing up your money. Maybe its a generational thing - I watched the .com bust and then 2007. Stocks are at their highest point ever right now - I'm not so sure it'll beat the mattress.
- JoshTriplett 10y agoI went through both of those busts, and had (a small amount) of stock during the first one. That's when I learned never to buy individual stocks, to do dollar-cost averaging (with a fixed amount every paycheck), and to not pay attention to short-term returns. Another way to look at those two busts: "hey, the market's on sale right now, the fixed amount I put in buys more shares right now".