Re:Lifestyle Inflation. It's a wealth killer
by bitxbitxbitcoin on Wednesday December 30, 2020 @10:57AM
(#25582739)
I think the point is that $100 at 25 is potentially not as nice as ~$400 at 65 (includes doubling every twenty years due to compound interest at historical market rates). Even with the inevitable inflation adjusted cost to a nice meal over forty years, historically speaking someone who invests $100 at 25 instead of eating it will be able to afford more nice meals forty years from now - of course only provided you live that long.
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Re:Lifestyle Inflation. It's a wealth killer
by theflyinghorse on Wednesday December 30, 2020 @11:26AM
(#25583007)
Sounds like an argument for a 25 year old to spend it!