Re:Interview with a Programmer Who Retired at 34
by andyv on Tuesday March 19, 2019 @03:28PM
(#19434706)
Betting on the stock market (mutual funds) over timescales in decades is about the least risky thing you can do. You don't need a 5% return every year (that won't happen), you just need it to be the average.
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Re:Interview with a Programmer Who Retired at 34
by likpok on Tuesday March 19, 2019 @05:51PM
(#19436377)
There is a difference here because you need to draw on your funds.
The math works out well for someone willing to buy and hold for a long time, because if there's a crash you wait to sell until the market has recovered. However, if you need to sell, you need to actualize the losses. Even if your portfolio later recovers, you've lost out on the growth that you would have had.