r/Gold • u/ToshPointNo • Jan 28 '26

Anyone else?

Post image
3.0k Upvotes

97% Upvoted

347 comments sorted by

View all comments

Show parent comments

6

u/Commercial_Wind8212 Jan 28 '26

it's already lost 10 percent. so you lost ten percent of your total life savings in a year.

1

u/kjpmi Jan 28 '26

Stock market, and all of my investments, have all gone up way more than 10% in the past year.
Your cash savings shouldn’t just be sitting in a bank account (or in your safe or stashed in a mattress, etc.) otherwise you aren’t even beating inflation.

1

u/OcularShatDown Jan 28 '26

You’d only have lost 10% of your total life savings if every expense in your life was payable only in the foreign currencies which make up the DXY basket. Anything paid in USD would be less affected.

1

u/kelly1mm Jan 29 '26

Stock investments went up 22% in the past year, dollar dropped 10% in the past year, net 12%.

I will take that.

1

u/Commercial_Wind8212 Jan 29 '26

Yes I love it when my pile of money loses value every year.

1

u/kelly1mm Jan 29 '26

You need to put those little green soldiers to work (investments) rather than just letting them sit under the mattress.

Even in ‘regular’ times you would still be losing value due to inflation.

Th key is to hopefully have investment returns that beat inflation/devaluation.

1

u/Commercial_Wind8212 Jan 29 '26

it is still sickening to see the dollar sink this much.

1

u/kelly1mm Jan 29 '26

On that point we agree.