• @lemmefixdat4u
    link
    610 months ago

    When putting away money for retirement, consider inflation-resistant investments. The past 3 years really fucked some of my friends who didn’t heed that advice.

    • @doingthestuff
      link
      1210 months ago

      As a 50yo, what vare you talking about? I’m just trying to pay for food.

    • @[email protected]
      link
      fedilink
      710 months ago

      I’ve never even heard of those. Is that what they’re called or do you have to know specifically what to look for? Is it its own “category” I guess?

      • @[email protected]
        link
        fedilink
        610 months ago

        I believe they’re talking about investments that share that chsracteristic. Generally Bonds and CDs would probably not be examples of good inflation resistant investments. in general, I believe index funds and I bonds are more resilient to inflation. Better still is maintaining diverse investment types. I’m open to corrections