News for hackers. Stuff that matters.
Re:The Bear Market Has Nearly Been Erased, Fewer Than 20 Mon... by walleeee on Sunday July 23, 2023 @10:27AM (#36835595)
> Simply put away a little every month in an automated fashion and things will generally be okay

The perpetually growing economy on which this strategy and associated worldview are based is not a safe assumption

Re:The Bear Market Has Nearly Been Erased, Fewer Than 20 Mon... by ericmcer on Sunday July 23, 2023 @10:29AM (#36835629)
Neither is assuming it is going to come tumbling down all of a sudden. Bears have lost out over and over barring a handful of lucky and well timed bets.

So far the economy growing during your lifespan has been the correct assumption.

Re:The Bear Market Has Nearly Been Erased, Fewer Than 20 Mon... by throw0101a on Sunday July 23, 2023 @10:29AM (#36835624)
> The perpetually growing economy on which this strategy and associated worldview are based is not a safe assumption

Why not? What is the counter-factual (i.e., what should we assume instead and what actions should be taken)? How do I organize my life, finances, and retirement investments otherwise?

Re:The Bear Market Has Nearly Been Erased, Fewer Than 20 Mon... by AeiumNE on Sunday July 23, 2023 @10:31AM (#36835645)
Why not? It doesn't ultimately require increasing resources extraction.

Increasing efficiency or technological capability could have the same outcome