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what should I do with a $150K present after taxes? (programming.dev)
submitted 2 months ago by to c/asklemmy@lemmy.world
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[–] 2 points 2 months ago (2 children)

The peak of 2007 was reached again in 2013. Not exactly the next day, but also not disastrously long.

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  • [–] 8 points 2 months ago*

    All I’m saying is you need to be braced for it. I see all the graphs upthread talking about the gains. Those graphs are accurate, but don’t tell the complete story.

    You need to at least contemplate how you’ll feel in the lizard part of your brain at 2am and how long six years can feel while you’re in them.

    OP sounds like an inexperienced investor who plausibly needs not just a reminder but to hear those words plainly. That’s all.

    It’s still the best advice.

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  • [–] 2 points 2 months ago

    What if we couldn't have bailed out banks in 2008? What if the crash was 10x 2008? I don't how 10x of half works and neither to these coked up AI bros handing 20b back and forth while we pretend that is an economy.

    I'm sure the system will work beautifully when the next crash happens. The invisible hand will take our pensions, hand them to Altman and Musk and everyone will cheer.

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