Flickr! photo by jenn_jenn.
Beating inflation at 6+% is difficult
Beating inflation is not easy when it is at 6%+. The unending news about price increases in basic necessities such as flour, rice, transport, groceries, rental etc. in the last year or so means that our investments or savings that are generating a return of 1%+ is actually losing its ability to buy us stuff to feed our stomachs, pay the bills and for recreation. If you earn 1%, you effectively lose 5% of the purchasing power at an inflation rate of 6%.
If you have tried investing your own monies and tasted investment losses besides gains, you will start to realise that the number one rule in investing, i.e. not to lose money rings true for many of us. Why is this? Read more...By: PanzerGrenadier
Flickr! photo by jenn_jenn.
Beating inflation at 6+% is difficult
Beating inflation is not easy when it is at 6%+. The unending news about price increases in basic necessities such as flour, rice, transport, groceries, rental etc. in the last year or so means that our investments or savings that are generating a return of 1%+ is actually losing its ability to buy us stuff to feed our stomachs, pay the bills and for recreation. If you earn 1%, you effectively lose 5% of the purchasing power at an inflation rate of 6%.
If you have tried investing your own monies and tasted investment losses besides gains, you will start to realise that the number one rule in investing, i.e. not to lose money rings true for many of us. Why is this? Read more...
Flickr! photo by jenn_jenn.
Beating inflation at 6+% is difficult
Beating inflation is not easy when it is at 6%+. The unending news about price increases in basic necessities such as flour, rice, transport, groceries, rental etc. in the last year or so means that our investments or savings that are generating a return of 1%+ is actually losing its ability to buy us stuff to feed our stomachs, pay the bills and for recreation. If you earn 1%, you effectively lose 5% of the purchasing power at an inflation rate of 6%.
If you have tried investing your own monies and tasted investment losses besides gains, you will start to realise that the number one rule in investing, i.e. not to lose money rings true for many of us. Why is this? Read more...
