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Assuming the index fund did not go to 2% in the meantime (or wiped alongside the bank getting you only weak guarantee), and that said latte is not keeping you s

Assuming the index fund did not go to 2% in the meantime (or wiped alongside the bank getting you only weak guarantee), and that said latte is not keeping you sane and at work. Or from getting Parkinson's later on. So, where can I get that crystal ball that lets you know the impact of any action? That'd make a fortune and infinite boredom all a possibility.

moojacob 6y ago
That's a completely valid point. Investing always brings risk. Including the risk that you could be hit by a car tomorrow.
- AstralStorm 6y ago
  So does not investing. Or owning assets you do not directly use. The one good thing in the article is that it shows the power of saving more as a burst. It actually limits many types of risk, but then you can only actually do that if you have a rich job... (It does not address existential risks enough. There are a few important ones it should as they're related to investments and reasonable saving rates.) The advice to save on latte presumes you can actually afford it in the first place. Otherwise you're not saving, you're just not overspending. I liken it to the advice that you should buy stuff used to save money, when you need it. There are many caveats to that.