Where your hard-earned money comes to die. Home.
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Why does xo only buy during a moon, but doesn't buy before?
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Poast new message in this thread
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Date: March 22nd, 2018 3:44 PM Author: Naked translucent hall
The volatility in the market is hard to deal with emotionally. You can either (I) have a small speculative portfolio, but this precludes the possibility of life changing cash, (ii) have an extreme appetite for risk or (iii) have the benefit of not having dependents, so the volatility doesn’t affect your day to day.
You benefit from (ii) and (iii). I benefit from (iii). Watching 6 figures evaporate is a lot easier for us than it is for people who need to pay the med bills for their sick child/parent.
All this to say is that, if you become super rich and I become well off, can we not be like boomer bootstrapping assholes and acknowledge the luck of our circumstances?
(http://www.autoadmit.com/thread.php?thread_id=3924136&forum_id=7#35662764) |
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