That is correct, but you do lose out on all investments that have generated the wealth to make people wealthy these days.
So let’s say inflation was 4 percent for the year and you could have made 10 percent invested in stocks for the year, you would have made 6% profit on your money for the year. Instead you lost 4% that year.
That difference could make or break someone long term, completely different retirement options.
That is correct, but you do lose out on all investments that have generated the wealth to make people wealthy these days.
So let’s say inflation was 4 percent for the year and you could have made 10 percent invested in stocks for the year, you would have made 6% profit on your money for the year. Instead you lost 4% that year.
That difference could make or break someone long term, completely different retirement options.
Everything’s going to collapse in the next 10-20 years anyway.