Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
loeg
on Sept 17, 2016
|
parent
|
context
|
favorite
| on:
Investing for Geeks
(Home currency) cash is essentially an ultra-short duration, zero yield (home government) bond.
Edit: Clarified that both are local.
djcapelis
on Sept 17, 2016
[–]
No it's not. Currencies move against one another all the time. Your yield is only zero against the same currency, but it doesn't mean your yield is zero in terms of actual global buying power.
loeg
on Sept 17, 2016
|
parent
[–]
FOREX movement doesn't factor here? I'm talking about a single currency.
Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
Edit: Clarified that both are local.