Comment on Believing you will retire before you die now requires the same faith as believing in heaven
foggy@lemmy.world 11 hours agoFun fact: you’re not in control.
You can do everything right and oopsie the USD tanks. Hyper inflation. Womp womp.
Just don’t put it on yourself with regard to it going tits up.
toiletobserver@lemmy.world 8 hours ago
I think you misunderstand how investment works. My retirement is tied up in assets, not dollars, so it will float with any governmental shenanigans. And, those assets are global. Your theory only holds up if you have cash.
foggy@lemmy.world 3 hours ago
The world uses the USD as a global financial standard.
If it tanks your global assets do too.
I don’t think you understand how investments work.
muntedcrocodile@hilariouschaos.com 5 hours ago
Yep. Diversify the fuck out of everything and no single point of failure can undo you.