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> a poor economy is certainly no > excuse for apathy. You are encouraging people to live in denial of reality. If the economy is bad, then a wise investor wil
by lkrubner 16y ago
> a poor economy is certainly no
> excuse for apathy.
You are encouraging people to live in denial of reality. If the economy is bad, then a wise investor will take into account the fact that the economy is bad. And, when it comes to our careers, we are all investors. In the face of a bad economy, many investors will go to cash. Cash is a rational option in the face of a bad economy. When we are speaking of individuals, the equivalent of "going to cash" is to focus less on one's career and more on the other parts of one's life.