That is what i am struggling with. I retire in a few years and I am not sure what i am retiring too. I just know i want to get away from corporate America.
Yeah but nowadays when the poor tried to save up their pennies and dimes and wait for a crash then when the crash happens the rich bailed themselves out with our taxpayer dollars in order to preserve their status This makes upward Mobility very hard
It's not irrational behavior. During downturns, recessions, a lot of people lose their jobs and have to sell their stocks at a loss. Rich people are less affected by recessions.
An emergency fund is a must for sure. I’d say if you think you’d need to sell your holdings to use that money in the next 5 years, you shouldn’t be invested into the stock market with that capital.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they work
