May 6, 2021
11:11:49am
11:11:49am
Inflation sky rockets, economy tanks, markets
Drop, even index funds will lose value. That $50k is now $35k then you have tax ramifications.. all of a sudden that asset isn’t what you thought it was.
Cash in savings has the inherent risk of losing out to inflation as well but the principle won’t drop.
Cash in savings has the inherent risk of losing out to inflation as well but the principle won’t drop.
- Bio page
- kotacoug
- Joined
- Jul 20, 2002
- Last login
- Jun 21, 2024
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5/6/21 8:15am
5/6/21 8:45am
5/6/21 8:27am
Emergency funds aren’t for making you money. They’re for hedging against the unforeseen and preventing it from
5/6/21 8:28am
5/6/21 11:12am
5/6/21 11:15am