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

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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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