Stocks do not protect you against the basement of money in the long run. You have to be a good stock picker to compensate for the devaluation of money.
10 sats \ 1 reply \ @inverselarp 25 Dec 2023
I think i would be ok with asset that copies currency debasement. S&P share is good asset if you have the luxury to live in the country that guarantees your shareholder rights for decades to come. That is very optimistic view of the future. Not sure if i would bet all my money in this basket even in strongest democracies today.
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0 sats \ 0 replies \ @TomK OP 25 Dec 2023
The theft is real
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