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  • 1 Post
  • 36 Comments
Joined 2 years ago
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Cake day: March 14th, 2023

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  • Are you going to retire in the next four years? Or take all your cash out into gold, quit your job, and go into hiding for the next four years?

    If neither apply to you, you can leave your money in your 401k. Selling index funds right now is ultimately up to you, but in the long term time in the market tends to beat timing the market.

    What I’ve read in books is: Building up savings itself is more important than whether the returns are +10% or -10%, early in your career, since it will fluctuate but tends to average up.

    And remember if your national index funds, bonds or whatever market and government backed investments lose half its value, you have bigger problems on your hand of the state of your country at that point which having cash on hand may or may not help anyway.



  • Transcripts

    Comment 1: It really bugs me when I see people say that a majority of Americans support this, because they don’t.

    His policies are consistently polling negatively.

    A minority of Americans even bother to vote, so the results of the election aren’t entirely representative of the opinions and viewpoints of the majority of Americans.

    He didn’t even win a majority of votes in the election. He won with 49%, a plurality.

    This isn’t “most Americans”. It’s a passionate minority that is ruling over the majority because of a broken system.

    Comment 2: IDK why folks seem to think most Americans aren’t supportive of him, they are. If they weren’t they’d be doing something about it. I’m surrounded by majority Republican voters and they love what trump is doing. They rub it in to me all the time. Let’s face it, us Americans are vile selfish people.