• 0 Posts
  • 12 Comments
Joined 2 years ago
cake
Cake day: July 25th, 2023

help-circle




  • Yes if you are okay with accepting market losses which could be significant. Its true that the stock market typically is seen to keep your value on track or better than inflation rate but there are risks.

    Rates are pretty good right now (~5%) for a money market fund and it only takes a day or less to free up those funds and transfer them to your bank account.

    If you have a 20% loss in the stock market you are forced to realize that loss if an unexpected expense comes up.

    And it can be way more risky if you are doing individual stocks or pretending like you know what your doing. Some stocks go through corporate actions that tie up funds for indefinite periods, or of course go bankrupt in some situations. Monthly/daily compounded 5% return on a money market is better than idle cash but still very safe.







  • SamboT@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    18 days ago

    The only video like that ive seen was showing how cheap a day of vacation in china would be.

    The app is obvi not a bastion of unbiased free speech. This is reactionary and even if tiktok were banned on the 19th, people would be put off by using an app where you cant understand 80% of the comments and some of the more subtle content. Its a protest.