I have long since accepted that there is little to no hope of me being actually able to afford retirement.
But my Hemingway account? ... $1.50, fuck, can't even take that route in 25 years.
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I have long since accepted that there is little to no hope of me being actually able to afford retirement.
But my Hemingway account? ... $1.50, fuck, can't even take that route in 25 years.
We don't have much at all, we're in our late 30s and have only kinda been getting our shit together for like 3-4years now. I work for myself so it's not entirely out of the cards if I play it smart.
I just am new to like actually having enough income to have to think about it lol. First big boy tax season puts things in perspective
When I said I like hanging out with bears I meant whisky with gay men not economic collapse
The reason it's called a bear market is that while twinks prosper under the bulls, financial stress makes them gain more body hair.
Oh no, I can't manage to grow any more body hair than I already have! It takes so much conditioner!
That reminds me of how a one night stand once woke up and thought they were petting my cat for a moment before realizing it was my chest.
Makes sense they probably put on a few fron stress eating while they're at it
Don't sell is only good advice if the dollar holds value. Which at this rate, it won't, especially if Germany doesn't get its gold back.
If it doesn't, the market simply won't recover because your currency will be worth as much as the original Salvadorian Peso essentially. At which point selling the stocks and buying Euros cash or Euro stocks would be the better option.
It's good to remember many empires thought they would be eternal.
Sound advice
I limited the losses in my (relatively small) 401k by rebalancing it about three weeks ago into mostly bonds and a few small cap/international funds... So far I'm only down about 4% instead of the total market's 14%. Still losing, yippee
Yeah that seems like a sensible move that should've occurred to me earlier
Oops
It's honestly impossible to fully disconnect from the clusterfuck that's happening with the US markets due to the absurd tariffs. Like the person above says, you can mitigate it by going to more international funds and bonds, of which I definitely agree. However the US controls the global currency, and is the worlds importer, so every countries debt/exports is wrapped/linked to them, either direct or indirectly. That's why every nation is so nervous, and trying to find alternative trades like Macron is doing to compete with the F-35s sales in Europe, the orange twat has screwed the whole global in one fell swoop.
google search inquiries for "exponential decay" may be spiking soon
Since the dip, I figured I'd take out a loan against my 401k and use it to pay off some debt.
Makes me kinda glad I cashed out my measley 401k in December.
Sold high!
(To buy groceries at high)