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> “Your retirement savings crashed 30% because there wasn’t enough liquidity to cover a 3am panic over non-news” I don't understand what that means so I'm gue
by barbazoo 7mo ago
> “Your retirement savings crashed 30% because there wasn’t enough liquidity to cover a 3am panic over non-news”
I don't understand what that means so I'm guessing it doesn't apply to retirement savings in general. Does "liquidity to cover" imply that one made a bet that didn't work out?