@[email protected] to No Stupid [email protected] • 8 hours agoWhat can I do with US$10K that is a good investment?message-square53fedilinkarrow-up160
arrow-up160message-squareWhat can I do with US$10K that is a good investment?@[email protected] to No Stupid [email protected] • 8 hours agomessage-square53fedilink
minus-square@[email protected]linkfedilink10•7 hours agoDepends on your risk tolerance. A 4% savings account is “safe” but might not keep up with inflation. An index fund might be “good”, but the value can go down.
minus-square@[email protected]linkfedilink17•edit-26 hours agoThe average inflation rate for the last 20 years is under 3% Edit: why are people downvoting me, refute my statement with a source instead of downvoting because you wish inflation was higher
minus-square@[email protected]linkfedilinkEnglish4•6 hours agoOh? That’s actually uplifting news! 😅🖖🏽
Depends on your risk tolerance.
A 4% savings account is “safe” but might not keep up with inflation.
An index fund might be “good”, but the value can go down.
IIRC, >6% is the floor to keep up…
The average inflation rate for the last 20 years is under 3%
Edit: why are people downvoting me, refute my statement with a source instead of downvoting because you wish inflation was higher
Oh? That’s actually uplifting news! 😅🖖🏽