Comment on What can I do with US$10K that is a good investment?
Steve@startrek.website 2 months ago
Depends on your risk tolerance.
A 4% savings account is “safe” but might not keep up with inflation.
An index fund might be “good”, but the value can go down.
otter@lemmy.dbzer0.com 2 months ago
IIRC, >6% is the floor to keep up…
workerONE@lemmy.world 2 months ago
The average inflation rate for the last 20 years is under 3%
otter@lemmy.dbzer0.com 2 months ago
Oh? That’s actually uplifting news! 😅🖖🏽