Re:John C. Bogle Has Died
by exolymph on Thursday January 17, 2019 @03:25PM
(#18934271)
Not everyone is equipped to start and run a company. It's not a universal skill or anywhere near it. If more people invested their retirement savings in businesses, you'd mainly have more ill-conceived restaurants and T-shirt companies going bust.
[ Parent
| on HN ]
Re:John C. Bogle Has Died
by achillesheels on Thursday January 17, 2019 @08:51PM
(#18936388)
I agree, but certainly those who are banking 30%+ of their gross six figure income have, in general, both the luxury to pick a market and the temperance to stick it out for several years before their momentum breeds its own growth and a long-tail retirement plan in itself. It’s only easier said than done by those who have never made the commitment to suffer to try.