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Nobody lets large sums of money sit in cash. Full-filling their retirement obligations requires them to grow that money.
by sicp-enjoyer 4y ago
Nobody lets large sums of money sit in cash. Full-filling their retirement obligations requires them to grow that money.
- xupybd 4y agoYou can grow money without debt
- sicp-enjoyer 4y agoCertainly true. But the textbook advice is broad market stocks and leveraged long bonds. Aren't they being less risky by using the tried and true strategy?
- socialismisok 4y agoWhy do they need to borrow to do that? Surely they could loan to do that?