Re:Why inflation is not a threat
by statstutor on Sunday March 14, 2021 @09:19AM
(#26455146)
Since you will have to pay for housing in [local currency], and I'd usually prioritise housing higher than optimally growing wealth, I'd suggest you first hold enough cash to pay for housing as far as you need it - probably a lot longer than 6 months.
Your advice is fine advice, if you already own your housing and have savings on top of that, which many or most people don't.
Your advice is fine advice, if you already own your housing and have savings on top of that, which many or most people don't.