Wow. How incredibly tone deaf. Have you bothered to consider that older folks maybe don't have years ahead of them to regain considerable losses? That it's terrifying, if you're older and can no longer work, and maybe have health issues, to see your hard-earned savings dropping -just by some moron's whim? A lot of us don't see this as "opportunities for longterm wealth" - we HAD longterm wealth, which was stolen from us by stupidity, selfishness, and greed.
That’s another perspective - I’ve written about it and will soon again. I’ve written on investing on retirement as well, when income streams and preservance of capital matters the most (index funds not go to anymore).
The thing is mostly about decisions. If Person has invested for index funds or growth 100%, a lot can be wiped of on crahses. Exactly what happened on 90’s, 2008 and 2020.
However, if Person would have had a portion of funds for dividend stocks, those would have continued paying.
Hey Investing Lawyer - Suggest you remember that this is about real people - not just “decisions” - and that tone matters. As do typos, which negate message impact.
Wow. How incredibly tone deaf. Have you bothered to consider that older folks maybe don't have years ahead of them to regain considerable losses? That it's terrifying, if you're older and can no longer work, and maybe have health issues, to see your hard-earned savings dropping -just by some moron's whim? A lot of us don't see this as "opportunities for longterm wealth" - we HAD longterm wealth, which was stolen from us by stupidity, selfishness, and greed.
Hey Abigail,
That’s another perspective - I’ve written about it and will soon again. I’ve written on investing on retirement as well, when income streams and preservance of capital matters the most (index funds not go to anymore).
The thing is mostly about decisions. If Person has invested for index funds or growth 100%, a lot can be wiped of on crahses. Exactly what happened on 90’s, 2008 and 2020.
However, if Person would have had a portion of funds for dividend stocks, those would have continued paying.
Hey Investing Lawyer - Suggest you remember that this is about real people - not just “decisions” - and that tone matters. As do typos, which negate message impact.
Hey,
As the discussion is on general level without any reference to actual case, I believe neutral view is ok.
Thanks for your message and enjoy your weekend!
This was great and helpful article, thank you!!
Always Paw!
Glad you found value on it🤟🏻
Thanks, some good advice and reminders here.
Thanks Joel 💪🏻