4 ms·

> You can't take it with you when you die, so once you've planned for certain contingencies, you might as well spend the money on improving your happiness and e

> You can't take it with you when you die, so once you've planned for certain contingencies, you might as well spend the money on improving your happiness and enjoyment of life. I am a German, and my visceral reaction to this is: "But what if something unexpected comes up!?" You may roll your eyes at this, but (I believe that) this is a mindset shared by the majority of Germans.

pm90 7y ago
Suggested solutions: insurance and or social security benefits, UBI. Some kind of social safety net would, ironically enough, allow the most efficient use of capital by allowing citizens to invest all their extra cash into the economic machine.
- wincy 7y ago
  I’d be most concerned about governmental instability. In that case no amount of UBI promises would protect you, but a suitcase of gold and a plane ticket would. At least, 10 kilos or so would let you set up pretty nicely somewhere else.
throw0101a 7y ago
At some point you have to examine yourself and perhaps see if you have a psychological problem: * https://en.wikipedia.org/wiki/Generalized_anxiety_disorder https://en.wikipedia.org/wiki/Generalized_anxiety_disorder * https://en.wikipedia.org/wiki/Rumination_(psychology) https://en.wikipedia.org/wiki/Rumination_(psychology) * https://en.wikipedia.org/wiki/Paranoia https://en.wikipedia.org/wiki/Paranoia It is prudent to set aside some number of months' worth of expenses: * https://www.investopedia.com/terms/e/emergency_fund.asp https://www.investopedia.com/terms/e/emergency_fund.asp Per another comment, this is why you have life/disability insurance, health insurance, social safety net (welfare, unemployment). And what "unexpected" thing are you worried about? You could be hit by a car Monday on your way to/from work and it won't matter any more and all that cash will no longer be useful to you.
- dang 7y ago
  Whoa, please keep internet psychiatric diagnosis off HN. https://hn.algolia.com/?sort=byDate&dateRange=all&type=comment&storyText=false&prefix=false&page=0&query=by:dang%20internet%20diagnosis https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme... https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

pm90 7y ago

Suggested solutions: insurance and or social security benefits, UBI. Some kind of social safety net would, ironically enough, allow the most efficient use of capital by allowing citizens to invest all their extra cash into the economic machine.

wincy 7y ago
I’d be most concerned about governmental instability. In that case no amount of UBI promises would protect you, but a suitcase of gold and a plane ticket would. At least, 10 kilos or so would let you set up pretty nicely somewhere else.

throw0101a 7y ago

At some point you have to examine yourself and perhaps see if you have a psychological problem: * https://en.wikipedia.org/wiki/Generalized_anxiety_disorder https://en.wikipedia.org/wiki/Generalized_anxiety_disorder * https://en.wikipedia.org/wiki/Rumination_(psychology) https://en.wikipedia.org/wiki/Rumination_(psychology) * https://en.wikipedia.org/wiki/Paranoia https://en.wikipedia.org/wiki/Paranoia It is prudent to set aside some number of months' worth of expenses: * https://www.investopedia.com/terms/e/emergency_fund.asp https://www.investopedia.com/terms/e/emergency_fund.asp Per another comment, this is why you have life/disability insurance, health insurance, social safety net (welfare, unemployment). And what "unexpected" thing are you worried about? You could be hit by a car Monday on your way to/from work and it won't matter any more and all that cash will no longer be useful to you.

dang 7y ago
Whoa, please keep internet psychiatric diagnosis off HN. https://hn.algolia.com/?sort=byDate&dateRange=all&type=comment&storyText=false&prefix=false&page=0&query=by:dang%20internet%20diagnosis https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme... https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html