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On the way to lunch, Mr. Hung, a teacher at PebHmong Academy spotted Lilly and Troubles playfully fighting. He asked Troubles to go to the back of the line and she came back right after.
Why aren't you at the end of the line?" asked Mr. Hung.
Troubles, being the blond that she is, replied," I couldn't, TL was already there."
I already told you retirement is an illusion. It doesn't work for the majority. I gave you two reasons priors:
1) The average life expectancy is improving. When you look at the distribution below, more than half will not reach retirement and obtain their retirement.
[img][/http://economics.ucsd.edu/economicsinaction/issue-8/img/issue/retirement-distribution.jpg[\img]
2) When you examine the return rate of money in the stock market, normalized against 3.5% standard inflation, you get like at best 12% rate return, if you pulled out at the maxima of the market for that decade. If you happen to retire on the wrong decade and went on the other side, minima, then you lose a bit.
Basically, half the people get baloney. You want to be the half who gets baloney? Or do you want to take know at least you spent your money or tried your best?
If you want my opinion on a vehicle for investment, you do what the affluent people do, you roll the dice into a startup investment, or create your own startup business. Either way, investment isn't investment any more because it's all a gamble now...nothing is guarantee, and assets are poorly allocated. If you Google search, there are articles by Lynch and Bogles about how investments today is not investment of their days, and how the current system/regime have lost trust and honor to the people they serve.
Do you own DD before you take an investment strategy.I've done my research. I use to eat up all the craze about mutual funds, etc..., right until 2009... When the folks who created the entire 401(k), mutual fund, IRA industry say something is wrong, you might want to listen.
Agree 100% with you.
Contemplating to buy a watch or not? hmmm...
kuv nrog co workers mus noj sushithiab hau cawv.
