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How you divide up your money isn’t really interesting. Yes, do the math. What’s interesting is the idea that some people take on a lifestyle based on their inc
by Waterluvian 3y ago
How you divide up your money isn’t really interesting. Yes, do the math.
What’s interesting is the idea that some people take on a lifestyle based on their income and they leave themselves no flexibility.
- Enginerrrd 3y agoI agree that people generally seem to lack a decent intuitive understanding of risk. They only look at the current state of affairs, and the upside of the bell curve. They don't seem to remember or factor in the likely potential negative side of those distributions and adjust their planning for better resilience.