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RE: Time Value of Money

in TradFi6 days ago

It also does depend on the situation. If you are able to wait on the money and don't need it immediatly the 2K has the preference. But if you do need to money, you probably aren't in a situation in which you can invest money into things.
And yes 1000 now, due to inflation, would be a lot less than 2K in a year.

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It also varies depending on the country you live in. Not in dollar terms, but if you think in your own currency, it is very likely that 1,000 Turkish lira today has more buying power than 2,000 Turkish lira a year from now.

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