And if I’m wrong and everyone is actually doing it, how is it sustainable in the long run? I mean, we can’t all be millionaires.

  • Trainguyrom@reddthat.com
    link
    fedilink
    English
    arrow-up
    2
    ·
    2 days ago

    But it would suck if you got that 30% haircut just before you needed to sell…

    For the average middle class individual or family, they’ll never sell all of their investments, but only small amounts each month to cover monthly expenses when they retire, so even in the situation of a 30% decrease, they’re only selling off a fraction of a percent of their portfolio each month