alt Hacker NewsWhich is why you keep 3-5 years of spending money in cash (or a bond ladder if you want to be fancy).
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staticman2 • yesterday at 6:13 PM
3 to 5 years of cash or a bond ladder won't help in a 1970s stagflation scenario.
Which is why you keep 3-5 years of spending money in cash (or a bond ladder if you want to be fancy).
3 to 5 years of cash or a bond ladder won't help in a 1970s stagflation scenario.
most don't even have 3-5 years "spending money" (whatever that is) in total savings; if you're keeping that in cash you're getting 2-3% annually while the market has doubled.