OP converted to US dollars. If you have 100 US dollars and that makes 8 US cents per day that is a great return no matter what the inflation rate for Argentinas currency is.
Not sure what you are expecting. Long-term investing starts with saving up a sufficient sums to invest it in the market.
For $100 an HYSA is fine (note I doubt your eaning $0.08/day in interest, that would be close to 30% APY)
If you have funds in a 401k, then no need to wait to invest in the market just start with a single SP500 or US large cap fund.
If you’re earning .08 usd per day on $100, you need to stuff as much money as you can into that account. /s That’s 29% APR.
OP lives in Argentina where the inflation rate is 146%. 29% is horrible.
OP converted to US dollars. If you have 100 US dollars and that makes 8 US cents per day that is a great return no matter what the inflation rate for Argentinas currency is.
OP is estimating USD conversion of current local currency reserves
https://www.reddit.com//r/personalfinance/wiki/commontopics $100 sounds like a good start on your emergency fund
Dude if you actually are making 8 cents a day on $100 keep doing that because that is a 29% annual return which is insanely good.
To be exact I have 61$ and everyday they give me 0.05$ is that good? 31,9% annual
Dollars or Pesos? Obsificating this makes it impossible for anyone to give informed responses.
Not sure what you are expecting. Long-term investing starts with saving up a sufficient sums to invest it in the market. For $100 an HYSA is fine (note I doubt your eaning $0.08/day in interest, that would be close to 30% APY) If you have funds in a 401k, then no need to wait to invest in the market just start with a single SP500 or US large cap fund.
How old are you? What is your income level? How much are you able to save a month?
Buy 100 things for 1 dollar and resell them for more then 1 dollar each.