^ okay how about this one then what is smarter.
1. Guaranteed losses in a savings account (fact)
2. Risk making money by indexing, buying bonds, assets (real estate) and other investment vehicles
If you don't believe a checking/savings account will lose you money, look up the inflation rate over the last 100 years. Only 2-5 of those years did prices not inflate.
I'll take my chances.
Markets will oscillate up and down of course, even if the market is down 10-20% this year IDGAF I am still buying assets no matter what. A checking/savings account is straight up dumb.
1. Guaranteed losses in a savings account (fact)
2. Risk making money by indexing, buying bonds, assets (real estate) and other investment vehicles
If you don't believe a checking/savings account will lose you money, look up the inflation rate over the last 100 years. Only 2-5 of those years did prices not inflate.
I'll take my chances.
Markets will oscillate up and down of course, even if the market is down 10-20% this year IDGAF I am still buying assets no matter what. A checking/savings account is straight up dumb.