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I've kept my 401k investments the same. I still have a good 30 years before I have to sweat bullets about it. If money is still coming in during low points, I s
by theandrewbailey 4y ago
I've kept my 401k investments the same. I still have a good 30 years before I have to sweat bullets about it. If money is still coming in during low points, I shouldn't have to be too concerned, unless I get laid off.
I'm also stocking up on necessities; food in particular. Not only is there a recession, have you noticed how many crops weren't planted, and how much less fertilizer is being used? Livestock numbers are down, too. Famine is coming.
> I see comments on HN once in a while about how they did [clever thing X] during a recession years ago and made money.
Survivor bias. Most clever financial things/hacks lose money.
- deleted 4y ago[deleted]
- youainti 4y ago> Survivor bias. Most clever financial things/hacks lose money. Thanks for pointing this out. The other option is that the clever thing ties you up so you miss out on other opportunities.