[Dalewyn]

>It’s a shame, as ETFs, and hell, index funds if you must, outperform savings on a 3 year or even less horizon.

I think sentiments like yours are just as bad as the sentiments you find aggravating.

Yes, investments can produce bigger returns than simple savings, but the keyword is there is no guarantee. Unlike savings which are guaranteed by the bank and the government and will grow at a known rate, investments are not.

Investments are thus akin to gambling. Whatever money you put in to investing should be money you are willing to never see again, no matter how low the chances of such a thing happening.

Most people are not willing to effectively or theoretically throw their money away, rightfully or otherwise, and thus find saving more appealing than investing. There is nothing wrong with choosing to save instead of invest if that's what lets you sleep well at night.

[archagon]

If you lose all your money from index fund investments, the US economy has completely collapsed and no amount of FDIC insurance will protect your savings.

[Dalewyn]

Doesn't have to be all, most people simply do not want to lose any significant sum of money to games.

I repeat for emphasis: Money you invest must be money you are okay losing. Most people are not okay potentially losing their money.