Re:The money I saved as a child would buy one picogram of go...
by ghaff on Sunday April 17, 2022 @04:43PM
(#31064303)
I assume cash was being used in the normal financial accounting sense of the word as opposed to dollar bills in the mattress.
Yes, there's inflation negative yield. But especially in the low interest and inflation rate environment that has been the case until possibly recently, the difference between "cash" (i.e. default investment at a brokerage) and other very low-risk investments (e.g. high quality corporate bonds) has been pretty minimal.
Yes, there's inflation negative yield. But especially in the low interest and inflation rate environment that has been the case until possibly recently, the difference between "cash" (i.e. default investment at a brokerage) and other very low-risk investments (e.g. high quality corporate bonds) has been pretty minimal.