As you approach retirement, you transition your stocks into bonds as well as into cash in high yield savings accounts. You do this because those investments are less risky and you need stability, not growth at that point in your life. You do this to avoid exactly the issue you bring up.
Indexes like the S&P 500 increase an average of 8% per year when held for decades. It isn’t ‘getting lucky’ and ‘hoping’, it’s investing in your future.
We’re propping up the oligarchs in the hopes that we fall into a “good” time to retire.
A rising tide lifts all boats; helping yourself helps others. You can choose to help yourself, or be defeatist and ignore the best, time-tested strategy there is: investing part of every paycheck into index funds.
Yes. But also, this is exactly why you hold index funds for decades, not days.
For an external drive? I guess I have never experienced that since external drives are already pretty slow.
Yeah, you will generally have a better time with exFAT, which is a format both Windows and Linux works with well. All my external drives get formatted as such.
The money will instead be redirected to critical health care construction projects.
This seems fine.
Ah, I really like that idea.
Is there a source on this?
Weird. Do they not have the equivalent of CoinStar there? It’s a nice occasional boost when the coin jar gets full.
around half of the ammunition sent last month was so old that it needed to be sent to Russian factories for refurbishment
I feel like if an artillery shell is in such bad condition it needs refurbishment, it would be easier to just make a new shell instead.
An artillery shell is literally just explosives and an outer shell. The primer is added later. Are they sanding off the rust and refilling it with explosives?
Time to go to your closest museum and get a penny squished and imprinted!
Melting a modern penny is actually kinda neat. The zinc on the inside melts first, which turns the whole thing into a blobby copper flask. Then at some point the copper rips and all the zinc pours out.
You can do it with any small torch.
Yeah, they effectively don’t matter. People can do whatever they want with them. Most will continue to sit in the jar they have lived in the last 10 years.
China barely pays their workers. Hell, they don’t even let you use services in the city you live in unless you were born there. Lots of people travel to the cities seasonally since they are prevented from doing anything reasonable where they work.
It’s not surprising they don’t want to spend, China has engineered an economy where huge portions of the domestic population have no spending power or even a stable place to live.
I really like the idea that this is how God has chosen to speak with people. ;p
Out with burning bushes in and in with AI.
Absolutely not. The transition from stocks and into bonds and cash in high yield savings accounts is something you do slowly as you approach retirement and only completes well into retirement. The point is you don’t know what the market is going to do right around retirement, as you mention, so you need to move to more stable investments.
Money invested into things like a high yield savings accounts cannot decrease, a crash does not affect it at all. That is the entire point of transitioning to them as you approach retirement.
Employing time-tested strategies is the way to go. Accounting for potential crashes is the way to go. The problems you bring up are real, and the solutions I mention are the time-tested way to account for them.