We need money to stay online, if you like the forum, donate! x

rooshvforum.network is a fully functional forum: you can search, register, post new threads etc...
Old accounts are inaccessible: register a new one. x


Saving for pension? - amazing power of compound interest!
#21

Saving for pension? - amazing power of compound interest!

As I stated, you can talk about Constitutional erosion, but if it gets to that point, the money I put into my IRA doesn't matter either way. What are the odds of a true government/societal collapse in America in my lifetime? I mean real Armageddon. 1:10,000? More? Less? At the very worst we would be Argentina. I would lose my retirement and would also not have to fight hordes of axe-wielding barbarians. If you want to spend time focusing on the negatives while ignoring any possible upsides or positives... feel free.

I can't find the article, but there was a man who sold his car and his possessions at the height of the Chilean crisis under Allende. He plowed all that money into Chilean stocks. He knew that there were two possible outcomes: 1. Everybody is poor and I die in chaos, or 2. Somehow this works out. If we put this on a decision tree, or a game theory grid, he made the right decision.

I intend to make that decision. If I bet "wrong," and society collapses into chaos and I only have meager means of support... so be it.
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)