this post was submitted on 01 Feb 2024
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chapotraphouse

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I hate the whole publicly traded model of companies. I hate capitalism. But have to engage in trading stocks (I mostly do Mutual Funds and a small quantity of direct stocks) so that my money doesn't lose value by sitting in a bank or cash.

Same thing with credit cards, don't like taking loans and getting marked on a centralised list for that but it's a safer option than using your own money.

Fortunately I don't do crypto so that's a plus.

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[–] [email protected] 7 points 9 months ago* (last edited 9 months ago)

You cant just deposit your money with an institution that will match inflation?

You literally fucking can't in my country. They've had some smaller scale sells of government bonds but you can't really do that in a bank on a regular basis, all you get are their garbage investment funds or a savings account with like 0.2% APY.