Re:Save like a pessimist, invest like an optimist
by hanoz on Saturday November 14, 2020 @02:53PM
(#25095080)
That's all for an emergency on day one! If the stock market goes up 70% before your emergency, you'd have been better off with the all in strategy.
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Re:Save like a pessimist, invest like an optimist
by Moodles on Saturday November 14, 2020 @05:00PM
(#25096032)
I know. I get the exact same push back every time I mention this. I don't know why? I'm literally saying, on average, over the long-term, it's mathematically better to ditch the EF. This is a mathematical statement, but always someone says ""but what about 2008!?" as if I havn't considered it. It's quite bizarre. I suppose an EF is an emotional issue for a lot of people maybe.