What's the best way to save money (beyond money that has to remain utterly liquid and accessible) now?
Because, obviously, savings accounts and retirement accounts may be safe but they're guaranteed loss of money.
>>1092029
index funds best store of value
>>1092032
I see.
Thank you for replying.
>>1092029
Strictly talking about savings, I would suggest two things:
1- Government bonds, or treasury bills, or whatever is called in your country, are (relative risk free) instruments, with interest equal to inflation, depending on which country you're living on. It won't made you rich, but your money will be safe and retain next to all its initial value, unless you try to sell it before the agreement date.
2- Silver and gold are solid ways to retain your value, if you know when to buy and sell.
>/biz/: hahaha, newfag. Silver is worth a shit, it won't generate profit until several years later, which inflation will eat anyway; you're better buying food and guns to defend your useless metal coins, stay poor wageslave, etc.
The average value for silver for the last year have been $14.95 per ounce, ranging from $14.18 to $15.73. In December it was as low as $13.70 (>/biz/: silverfags on suicide watch!), but right now is at $15.79, so for whoever acquired silver in december, could sell it right now for a nifty 15% profit. Gold have been on a similar path. I haven't been following platinum, but I imagine is on a similar streak.
However, petrol isn't a very good idea, so stay far away from it.
>>1092960
A small correction: six months or so, not the full year.
>The average value for silver for the last six months...
>>1092029
Vanguard® 500 Index Fund, safest bet for long-term investment
>>1092032
Exactly this, the S&P index fund made rich families wealthy.
