News for hackers. Stuff that matters.

A comment on Dutch entrepreneurs avoiding negative interest by opening multiple bank accounts. Parent comment

Re:Dutch entrepreneurs avoiding negative interest by opening... by 01100011 on Wednesday September 01, 2021 @02:55PM (#28384117)
Yes, 5 years. http://nerdwallet.com/article/investing/where-to-put-short-t...

If you're young and you've only seen the market go up you need to familiarize yourself with normal volatility patterns. The market can easily take a dump at any time and fail to provide a positive return for years.

[ Parent | on HN ]
Re:Dutch entrepreneurs avoiding negative interest by opening... by ant6n on Wednesday September 01, 2021 @04:19PM (#28385068)
> The market can easily take a dump at any time and fail to provide a positive return for years.

...or decades: "Nikkei index hits 30,000 for first time in three decades"

https://asia.nikkei.com/Business/Markets/Nikkei-index-hits-3...

[ Parent | on HN ]