Over the last 30 years, the purchasing power of the US consumer dollar has been cut in half due to inflation. My grandparents saved backed by gold bills in the mattress! Unfortunately my in laws do that but in a bank….
Over those 30 years , the S&P 500 has gained 840% (7.8% per year) after adjusting for inflation. Oh and Bitcoin has gone to the moon!
Now I’ve been a great saver and investor for many years. Bitcoin really hits the sweet spot for me with that as it’s a great savings technology with purchasing power!
Why you need to invest, in one chart...
https://m.stacker.news/20725
Adjusted for inflation 🤡
How about 0% adjusted for inflation since 2001
https://m.stacker.news/20850