Comment on I lost 6 to 10 years of my retirement last week!

werefreeatlast@lemmy.world ⁨1⁩ ⁨week⁩ ago

• werefreeatlast@lemmy.world ⁨1⁩ ⁨week⁩ ago

  I’m.losing another 10 for sure if not all. I need to invest in a building tour. It has to be at least 5 stories tall. Can you jump from lady liberty these days? I need something without safety nets…you know for photography. Like maybe I’ll take a selfie.

  Its 6 am on a Monday. I’ll be going to work for another 8 hours of my life to make absolutely nothing compared with all the money I’m gonna be losing.

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  • Pudutr0n@feddit.cl ⁨1⁩ ⁨week⁩ ago

    As long as you don’t sell, you’re not losing anything except perhaps your peace of mind, but that’s up to you.

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• Pudutr0n@feddit.cl ⁨1⁩ ⁨week⁩ ago

  I’m gonna be losing nothing because I own nothing.

  Don’t stress too much. If you care about the money you “lost”, this will likely lead to a stronger portfolio on the long run. While it’s a very bad moment to sell, it is a golden moment to switch, depending on what you’d like to bet on. Even if you don’t change and this gets worse, a trade war crash should pay for itself economy-wise within 10 years.

  Would you rather have bad crashes for a few years and then a slow economic recovery or a safe and steady pace to the abyss of “oops now we’re not the world’s reserve currency” anymore? Cause with the second one you not stop being able to tax the world with inflation and no one has ever had to deal with that in the US for about 100 years.

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  • explodicle@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    “I’m completely broke.”

    “Here’s some financial advice.”

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    • Pudutr0n@feddit.cl ⁨1⁩ ⁨week⁩ ago

      Oh and also, My landlady stopped paying her rent and defaulted so the apartment went back to the bank. so technically, not only am I broke, I’m also in a squatting living situation. Oh and I’m on several bad credit lists and will stay there because I refuse to pay a bank who charged me for existing and an ISP who didn’t let me stop their services and will NEVER EVER PAY THEM no matter how many lists they put me in or how much money i have because FUCK EM.

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      • Sergio@slrpnk.net ⁨1⁩ ⁨week⁩ ago

        AverageLemmyEnjoyer.jpg

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    • Pudutr0n@feddit.cl ⁨1⁩ ⁨week⁩ ago

      Yes, I am a financial consultant. I do sporadic company valuations for mid sized companies when i like the clients. Sometimes i do financial report automation… I like understanding how money works but have no interest in accumulating the poison myself whatsoever. While i do put efforts into making money, those efforta disappear when i have enough… until i don’t and then the whole cycle repeats.

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