Anything below the rate of inflation is losing.
Comment on I lost 6 to 10 years of my retirement last week!
unexposedhazard@discuss.tchncs.de 1 month ago
Cant lose anything if you dont have stocks.
greybeard@lemm.ee 1 month ago
MangoPenguin@lemmy.blahaj.zone 1 month ago
Is that worth it when a normal savings account returns 3-5%?
bluespin@lemmy.world 1 month ago
Very cool to support a project like that. Just a heads up for you: if your return rate is lower than inflation, you are losing money, unfortunately. Up to you whether it iis worth or not
unexposedhazard@discuss.tchncs.de 1 month ago
Yeah ofcourse you technically lose money, but if you dont want to invest in normal market stocks, then its better than having it just sitting in your bank account. The base situation is always “losing money due to inflation” so anything that gets you closer to zero is an improvement. Its more of a social investment than a monetary one tho i admit.
bluespin@lemmy.world 1 month ago
Not knocking social investment! Just making sure you and anyone that reads this thread is aware