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Opportunity cost - you locked up your money and it lost value due to inflation instead of being put into something that kept pace with inflation. Obviously, thi
by abakker 4y ago
Opportunity cost - you locked up your money and it lost value due to inflation instead of being put into something that kept pace with inflation. Obviously, this is counterfactual, but that is the premise.
- giantg2 4y agoThe flip side is that statistically one would have likely put it in a security that declined over the past year.