Edit: update I decided on a CD. I may do an index fund in the future. This was a short commitment and easy to understand. Thanks everybody.

  • Steve@startrek.website
    111·
    3 months ago

    Depends on your risk tolerance.

    A 4% savings account is “safe” but might not keep up with inflation.

    An index fund might be “good”, but the value can go down.

      • workerONE@lemmy.world
        223·
        3 months ago

        The average inflation rate for the last 20 years is under 3%

        Edit: why are people downvoting me, refute my statement with a source instead of downvoting because you wish inflation was higher