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In that it's theoretically possible of course. The problem is inflation and the lack of interest rates means that just holding cash is a losing proposition (in
by noir_lord 4y ago
In that it's theoretically possible of course.
The problem is inflation and the lack of interest rates means that just holding cash is a losing proposition (inflation will eat away at it).
With inflation running at 9%ish percent if you hold 20K for 10 years at 9% inflation, it's real worth at the end will be ~8.5K.