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RE: Winging Your Retirement is No Longer a Reality

in #money7 years ago

What I do not agree with is the fact that if you save money now, it will be worth more in the future. That used to be true, but since we don't get any interest in the bank anymore, plus we keep having annual inflation rates, our money in the bank will actually become worth less and less and lose its purchasing power.

Investing money in the bank has always been a bad idea. Whenever I talk about investments im talking about the stock market. Im not even really a huge fan of the bond market unless you really cant afford to weather the storm in a bad market cycle.