Difference between revisions of "Talk:947: Investing"
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Accounting for inflation, you'll probably end up losing money if you're just relying on bank interest for income. [[User:Davidy22|Davidy22]] ([[User talk:Davidy22|talk]]) 10:04, 9 October 2012 (UTC) | Accounting for inflation, you'll probably end up losing money if you're just relying on bank interest for income. [[User:Davidy22|Davidy22]] ([[User talk:Davidy22|talk]]) 10:04, 9 October 2012 (UTC) | ||
:Losing money compared to what? Even if inflation is 3%, getting 2% interest in a bank is better than getting 0% interest under your mattress... [[Special:Contributions/72.169.224.98|72.169.224.98]] 14:09, 6 December 2012 (UTC) | :Losing money compared to what? Even if inflation is 3%, getting 2% interest in a bank is better than getting 0% interest under your mattress... [[Special:Contributions/72.169.224.98|72.169.224.98]] 14:09, 6 December 2012 (UTC) | ||
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+ | ::Losing money compared to $1 spending power from the start date to $1 spending power at the end date, regardless of how much interest is earned, you still can't buy the same amount of stuff. [[User:Lcarsos|lcarsos]]<span title="I'm an admin. I can help.">_a</span> ([[User talk:Lcarsos|talk]]) 16:00, 6 December 2012 (UTC) |
Revision as of 16:00, 6 December 2012
Accounting for inflation, you'll probably end up losing money if you're just relying on bank interest for income. Davidy22 (talk) 10:04, 9 October 2012 (UTC)
- Losing money compared to what? Even if inflation is 3%, getting 2% interest in a bank is better than getting 0% interest under your mattress... 72.169.224.98 14:09, 6 December 2012 (UTC)