> Losing for a bit of inflation is better than losing 20-30% in a recession. Except you can't time it like that. Inflation eats your savings all the time, whil

> Losing for a bit of inflation is better than losing 20-30% in a recession. Except you can't time it like that. Inflation eats your savings all the time, while recessions are short. I have a friend who's been saying "stocks are too risky" since about 2010. He prefers the predictable ~3% inflation...