| ▲ | techcode an hour ago | |
Do numbers go completely out the window due to inflation? While the price of gas, real-estate, groceries doubled or tripled over the last 10-15 years (here in NL). It also seems that Stocks/ETFs also did the same, right? Some of the Tech/IT/AI (and hence to some extent also S&P500 that's heavy on those) increased even more. But even if we consider it an artificial bubble - loads of other more traditional industries/ETFs also grew similarly to inflation, didn't they? | ||
| ▲ | hdgvhicv an hour ago | parent | next [-] | |
Gas as in petrol? It’s up 48% in 15 years, and until the Us-Iran war it was only up 14% https://fuelwide.com/fuel-prices/netherlands/history Grocery inflation is 45% over the same period but I suspect you’ll claim CPI figures are nonsense. Gas for heating has indeed about doubled, unsurprising with both Ukraine and Iran. | ||
| ▲ | SA9G an hour ago | parent | prev [-] | |
You are right of course.... but one's risk tolerance diminishes with waning work income. So retired folks have less of their money in stocks/ETFs and are more exposed to the ravages of inflation. So with hindsight, one can easily weather inflation... only hindsight is hard to come by (says the guy who cancelled his NVIDIA buy order a few years back)! | ||