@robocall to No Stupid Questions • 7 hours agoWhat can I do with US$10K that is a good investment?message-square46arrow-up155arrow-down13
arrow-up152arrow-down1message-squareWhat can I do with US$10K that is a good investment?@robocall to No Stupid Questions • 7 hours agomessage-square46
minus-square@[email protected]linkfedilink8•5 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@workerONElink12•edit-24 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•4 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! 😅🖖🏽