> That 8% return is about as risk free as you can get Yeah no. The S&P 500 lost about 35% of its value in 2008. If that's the year your kid starts college or y

> That 8% return is about as risk free as you can get Yeah no. The S&P 500 lost about 35% of its value in 2008. If that's the year your kid starts college or you were planning to put down a big down payment on your first house, you'd be completely fucked. I used to think the same way as you, but when you get a little older and major life milestones and/or retirement aren't distant concepts it'll change your perspective.