Inflation
As a broker it is an issue I meet a lot in sales pitches. Customers are afraid to put their money into stocks, funds, index funds or ETF’s. They are scared to lose money, but history has proven that in the middle to long run you always you always create return with such investments as long as you spread enough.
But people fall into the trap of fear of losing money in the short term and instead chose for savings accounts and bonds, in which they get a low but sure interest. But in the long run they lose purchasing power due to inflation and the devaluation of their currency.
Do your due diligence and read about how to invest for a bigger purchasing power!
Sincerely,
Pele23
Posted Using INLEO
Inflation will eat away all our savings and decrease their value before we make use of it. I think investing a good chunk of our money in assets that appreciate in value over time is the better option.