• LifeInMultipleChoice@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    1
    ·
    5 months ago

    That is correct, but you do lose out on all investments that have generated the wealth to make people wealthy these days.

    So let’s say inflation was 4 percent for the year and you could have made 10 percent invested in stocks for the year, you would have made 6% profit on your money for the year. Instead you lost 4% that year.

    That difference could make or break someone long term, completely different retirement options.