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/biz/ - Business & Finance

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27240770 No.27240770 [Reply] [Original]

Will al the 50k I have saved and wageslaved over be worth nothing as everything goes up? I’ve been depressed for 3 days about this now. How does this work.

>> No.27240852

>>27240770
You’re supposed to buy things with your fiat, holding dollars is the same as investing in them and unfortunately has been in a massive bear market since the dawn of time

>> No.27240854

>>27240770
They are still 50k fren. Just keep them save. If we get inflation, your earings rise and they will be more

>> No.27241025

>>27240854
Most of it is stored in a housing savings account. I don’t know if that keeps it more safe or not.

>> No.27241084

>>27240852
I can’t really just buy an apartment without saving

>> No.27241421

>>27241084
Don’t worry about it then your doing just fine

>> No.27241436

>>27240852
And I don’t even know how to invest either way

>> No.27242191

>>27241421
What makes it fine?

>> No.27242254

>>27242191
You want to buy an apartment and have saved up 50k, that’s better than most people I know who don’t even have 5k

>> No.27242287

>>27240770
Sitting on a pile of money like that is really stupid

>> No.27242498

>>27242287
I’m just finishing uni, I was planning to learn investing after and was saving for an apartment and now everything seems to be about to crash

>> No.27244028

>>27242254
How does someone not have 5k where does all that money go