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  • 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.

  • "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.