Ok so I link you to this.
Personally, I have never actually heard about it.
Since I have always thought that investing (broadly speaking) was a good idea – better than saving in some cases due to inflation etc. – it kind of surprised me what this guy was saying.
Given the rate of taxes + inflation, do most people stand to lose out on thier returns-on-investment(s)?
See I always thought that as a general rule since the cost of living decreases (e.g. the basic cost of goods and items goes down as production & tech go up) over time, that money in real terms could buy you more stuff - even though technically it was valued at less.
Does this guy’s analysis hold up? I’m too drunk to notice.
What’s the straight dope here and how well established a principle is the Law of Zero Return?
– Encouraged reading from link:
200% of Nothing by A. K. Dewdney