Comment by locknitpicker
12 hours ago
> if you put 50k in 8 years ago and obtain 50k now, I think you lost a lot of money.
This is a textbook sunk cost fallacy.
12 hours ago
> if you put 50k in 8 years ago and obtain 50k now, I think you lost a lot of money.
This is a textbook sunk cost fallacy.
No it isn't. It's textbook time value of money, which is a real thing.
And if you don't think so, please give me $50k, I'll give you back $50.001 in 8 years, a dollar more! You'll come out ahead, right?
I am curious - are you familiar with inflation?
Are you familiar with the sunk cost fallacy?
I'm not sure you're familiar with it either, or I've missed how on earth it applies in this situation.