Re:HodlFeed – a Cryptocurrency Newsfeed
by snikeris on Thursday January 11, 2018 @02:49PM
(#16127171)
It might be bad for the economy/GDP but what about for the individual? Consider a blue collar worker just making enough to get by and saving a little cash on the side. Why are you forcing this person to learn about inflation, interest rates, the SP500, etc.
[ Parent
| on HN ]
Re:HodlFeed – a Cryptocurrency Newsfeed
by bryananderson on Thursday January 11, 2018 @02:57PM
(#16127242)
If they are saving a little bit on the side for the short term, inflation will not noticeably hurt them (I am speaking of a well-managed monetary system with mild inflation such as the US). If they want to save for the long term, then they should invest it if they want to maximize gains. That’s what’s best for the individual.
Re:HodlFeed – a Cryptocurrency Newsfeed
by snikeris on Thursday January 11, 2018 @03:13PM
(#16127379)
What if they're not interested in maximizing gains? What if they don't want to learn about investing? What if they just want their hard earned money to not evaporate on them?
target funds https://www.schwabfunds.com/public/file/P-9430864