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The indexes used to measure inflation are picked to stay under 2%. I kept track of my groceries and rent for 10 years up to last year and my perceived inflatio
by jokethrowaway 4y ago
The indexes used to measure inflation are picked to stay under 2%.
I kept track of my groceries and rent for 10 years up to last year and my perceived inflation was way higher than 2% (even allowing some margin of error). This year is being completely insane but it's hard for me to compare as I moved.
Wages don't grow with inflation (the sad 1% yearly raise) unless you job hop.
Stocks don't give you always the best window to withdraw your annualised 7-8% profit. If you'll need to buy a house or if you'll go to pension you may end up withdrawing at bad times.
Houses have been mostly going up.
Good to beat inflation, terrible for youngsters who need a place to live without paying someone else's mortgage.