>enjoy losing your cash to inflation
Enjoy losing your cash to inflation
>investing is too complicated. plus I dont want to lose money if it crashes.
>don't invest more than you can afford to lose
>buy gold
>I can't
>believe
>you haven't bought Uno Swap, SausageLink, PoopyCoin, FunnyChungus Coin.
>FOMO
>CRYPTO!!!
>SMART CONTRACTS!!!
>DEFI!!!
>NFT’S!!!
>BITCOIN!!!
>ETHERIUM!!!
>I posted the image on Zig Forums
Memes aside, the whole thing people spout in investing circles about "MUH SAVINGS IS USELESS, INVEST IT ALL, MUH INFLATION"
How much of it is true, vs how much of it is fear mongering fomo?
Additionally; why is keeping a decent amount of savings for emergencies where you dont have to deal with credit, and just rely entirely on your own money, really that bad of a thing?
Doesn't it make sense to have a safety/emergency fund that can cover your ass for 6-12 months, BEFORE you start investing? I mean, you can invest every dollar after you have that 6-12 month emergency fund.
Maybe I'm just very high inhibition, but it seems like insanity to have $0 in my savings account, and to just invest 100% of any money I get.
>retire by 50
Inflation is really bad
>1980-Based
OMGOMGOMGMOG BUY THIS NEXT MOON MISSION!!! WERE GOING TO THEMOOOON!!
>UNI
>XSN
>RSR
>STA
>DIA
>PI
>ORN
>YFI
>GEAR
>THETA
>XFT
>LIBERTAS
Saving is very important. Just save in gold and silver instead of fiat currency.
If you want to invest in gold and silver with the intention of making a large profit buy mining stocks.
If you want to keep your crypto gains safe from government money printing keep at least some of your savings in gold and silver
Look at prices if rent, fuel groceries, medical care. All up 10% yoy as the 1980s inflation calculator would state
I get it. But at the same time. I just dont feel comfortable only keeping a few grand at max in my savings. It makes me feel naked.
I have $35k atm in my savings, which means I can go into my job everyday knowing I can just quit any moment, and I'll be okay for a good amount of time. If i only have $5k in my savings, or $1-2k, or nothing, it makes me feel anxiety that Im forced to be at my job.
I dont know if this makes any sense to normies here with extreme low inhibition.
25% of your net worth should be in precious metals. either in the form of stocks, etfs, physical, or offshore
you should have 6-12 months of living expenses in USD
everything else should be in investments, real estate, stocks, crypto
bad thread. no cookie.
you just apply for unemployment
better to invest it. longterm it pays off huge. literally only retards keep more than a very basic savings account. use credit to buy things, lower your expenditures to pay things off when you need to buy on credit, pay off quickly=minimal or no interest. invest, invest, invest. every penny you invest now is ten pennies when you retire.
Basedjak posting is my favorite part of the internet
Have fun with your 0.60% "High yield" savings account bro.
>Basedjak posting is my favorite part of the internet
>sTrDguUp
>3QZBclVw
you need to go back
>you need to go back
So, what's the goal here?
GUUUUUH GUUUUUUUH BUHHHHHH MART GONDRAGDS
One of my least favorite parts tbqh. Always seemed like a very niggery sort of humor to me. Maybe that's just because the American zoomer is very influenced by the nigger though.
"i know you are but what am i" with funny images :)
>One of my least favorite parts tbqh. Always seemed like a very niggery sort of humor to me. Maybe that's just because the American zoomer is very influenced by the nigger though.
Its 100% true. Real inflation rate using old CPI is at 8.50%. It means you lose 8.50% of your savings on a yearly basis. If you want to have savings you must leave fiat currencies and get gold and silver. It's the only option left.
>GEESEMBAILYZE RYNANSE
>JRUXLIS JRANSLAKTION
>BRODICALL
>ADOMICK ZWOPZ