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I'd supplant savings account with stock market. The stock market is a little frothy as of late and a pull-back has been in the works for a while.
by iaw 12y ago
I'd supplant savings account with stock market. The stock market is a little frothy as of late and a pull-back has been in the works for a while.
- kolev 12y agoBacking is also a high-risk "investment". :)
- jrockway 12y agoThe money in your savings account decreases in value with inflation, so that's not a risk-free strategy either. Maybe inflation-indexed treasuries are what you want, but those are also not risk-free!
- iaw 12y agoValid point. How could I forget inflation?