Savings is not enough? We work hard for 9 hours a day, saving 10 to 20% of our income, and plan to work till we’re 65, and yet, in the back of our minds, we still question if it is enough (it’s not) and we still need to go out the risk curve and try to get more yield on our savings via investments. Why?
Because inflation? What is inflation?
We see inflation as the price of goods and services going up. But why do goods and services go up every year without fail? That yakun toast set doesn’t get better year on year. Why do we need to pay more? Those eggs aren’t laid by progressively intelligent chickens. So why do eggs cost more each year? In fact, why does literally EVERYTHING go up in price every year? Is there something wrong with our money? Aaah.. finally we’re getting...