• @[email protected]
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          014 days ago

          WHAT?! you do realize that during a depression (aka, if things don’t recover in a while), people who never even dreamed of having enough money to invest would become absolutely destitute, right?

          Any money thrown in investments that won’t recover is literally wasted. Better under the mattress to eventually wallpaper your house

            • @[email protected]
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              314 days ago

              no, of course. What I meant to say is the mentality that you can buy now cheap because the market is on a dip, assumes a recovery which, this time around, it not at all likely.

              If you do not have much money, it would be best to save it in a less volatile medium than plummeting stock under the madness that is this MAGA presidency.

      • @[email protected]
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        714 days ago

        If things don’t recover by the time I retire I have bigger things to worry about than retirement.

      • @[email protected]
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        014 days ago

        It will. Eventually.

        But it has a pretty long way to fall.

        And a LOT that can happen before a “recovery”.

    • @[email protected]
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      314 days ago

      Now it is, but 3 months ago when I got the paperwork to do it was not. My procrastination saved me some money.