Forum Discussion
3_tons
Mar 29, 2022Explorer III
notsobigjoe wrote:Geo*Boy wrote:udidwht wrote:time2roll wrote:restlessways wrote:Not singling anyone out. Same with this: If all the savings is in a bank savings or CD there is tremendous risk of loss due to inflation continuing. Some should be in the equity market.
I certainly don't see a recession happening this year, either. That being said, I'm not getting a 2nd job so I'm not sure if you're talking to me or who that advice is for. I work enough as it is.
No need to worry when the BIG drop comes. Not a question of if only when. We're closer than ever now.
I know people that run around and talk about the sky is falling, the sky is falling, and they don’t have any money and will never have any money because of their mindset.
Bingo, Geo!
Recall the newsworthy chants of “You Didn’t Earn That” and more recently “You’ll own no property and you’ll be happy”, and with $30 T in debt and assuredly more on the way (and a whopping $200T in unfunded obligations), it’s starting to look more and more like maybe “something Wicked this way comes” - lol
3 tons, firmly hunkered down in Realville
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