Technology

58164 readers

3854 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

407

In case you missed it: Bank info-stealing malware found in 90+ Android apps with 5.5M installs (mashable.com)

submitted 3 months ago by return2ozma@lemmy.world to c/technology@lemmy.world

105 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] LifeInMultipleChoice@lemmy.world 2 points 3 months ago (1 children)

That is correct, but you do lose out on all investments that have generated the wealth to make people wealthy these days.

So let's say inflation was 4 percent for the year and you could have made 10 percent invested in stocks for the year, you would have made 6% profit on your money for the year. Instead you lost 4% that year.

That difference could make or break someone long term, completely different retirement options.

[–] the_doktor@lemmy.zip 0 points 3 months ago

Everything's going to collapse in the next 10-20 years anyway.