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2 yr. ago

  • Relevant

    And thinking of it this way.. if you cash out and lock in losses and stop investing, you're likely to never or greatly delay your retirement. If you keep investing, even with catastrophic losses in the market, you'll be buying at the bottom and if you've still got enough time before retirement, you should still make it.

  • In 2024, stocks were high, jobs were strong, feds were cutting rates, inflation was under 3%.. Biden did it, the soft landing from COVID. Anyone who paid any attention knew the economy was in a good place and, four years in, only Biden's admin would have had any affect.

    Part of me is weeping for this nation, but another part thinks the nation deserves it for being so fucking stupid.

  • Yup. Used to do this with Reddit. I'd find a niche subreddit on some topic I was having trouble with, try and write a detailed post of what my problem was, try and include as much information as I already knew and checked, proofread it so I could ensure people understood what my problem was, and in the process something would click and I'd figure it out.

  • "he has to" does he though? He has enough money for him and his entire lineage to live lavishly for eternity. He can dip out today and stop working forever, relax on a beach, and disconnect from the world like Tom from MySpace did.

    He's not being forced to do anything.

  • He's completely set with pensions. And I am unsure if index funds were specifically ruled out. The article doesn't really detail his wealth, and there's no way someone with his intelligence and pragmatism has completely bungled his finances.