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Comment by base698 | Hacker News Reader

Ever want your money to earn interest? Banks used to do this, and you could get good returns on savings.

You can earn interest parking your crypto here: https://compound.finance/

You can also do this with the stock market by investing in revenue generating companies that are innovative and creating value. This is literally no different than investing in gold.

Not everyone is an investor. People who are not ready to invest now should beable to save their earnings withouthhaving to worry about their savings losing value.

>People who are not ready to invest now should be able to save their earnings without having to worry about their savings losing value.

You can. It's called a CD. They currently return about 0.8%, which is the max you're ever going to get for a "risk free" investment right now. Anything beyond that is going to be some form of speculative investment. This is precisely why the stock market has become so inflated.

What happened to the freedom to have your money without it losing value without having to resort to risky alternatives to prevent it from happening?

The risk-free rate is that yielded by bonds issued by creditworthy governments. It's available to everyone and is the same whether you're Goldman Sachs or a nobody.

Unless you are participating in an IPO. Buying stocks its not investing in the true sense you mention, you are just transfering ownership of stocks but that money doesnt fund any enterprise.

But the share price going up enables the company to raise money easier by offering more shares.

See TSLA for example.

This is not true. Buying shares in a company increases the company's value, which allows it to raise more money to fund future enterprises.

That doesnt make any sense at all, buying shares does not increase the company value as someone is selling on the other side, you could be buying when the price drops. If what you said would be true, you would make profit by just buying more shares!

But then you need to research and understand the companies you're investing in. If you're busy with your daytime job, you might not have as much time for this research. The parent comment is talking about interest, which is "risk-free" money (risk-free if the smart contract doesn't have any bugs, etc).

>But then you need to research and understand the companies you're investing in. If you're busy with your daytime job, you might not have as much time for this research.

Then just invest in a Vanguard ETF. There's no such thing as "risk free" money short of US treasuries or an FDIC insured CD, and those don't require any research.

More like Lending Club. People using Compound are getting loans.

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