4 ms·
The core problem is that the interest rate is far below the inflation rate. You have to get your money out of the bank into various risky schemes.
by Factorium 5y ago
The core problem is that the interest rate is far below the inflation rate. You have to get your money out of the bank into various risky schemes.
- OrvalWintermute 5y agoMoney in the bank is at risk due to inflation and pathetic interest. Individual investments in stock are at risk through stock price volatility, competition, regulation/taxes, to name a few. Broad investments diversified across asset class, and currency, appropriately hedged, as an overall plan, are quite resilient to risk.