I'm in London UK and just came across your great article by accident. I've done exactly the same but at 58, made redundant, career over as too old - a lot of ageism out there nowadays. My view is about a 60% chance of something serious impacting the markets. I feel really bad for Gen Z and Milenials, (my kids) here house prices haven't been this far out from salaries since 1880. It very much feels like the 70's to me, and the AI bubble reminds me of the past 'corrections' which seems like a diplomatic way of saying big selloffs by the casino house, and the house always wins, apart from those able to stay in a long long time. A bird in the hand is my motto for now, though barbell strategies look interesting. I've cut spending massively to counter inflation.
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I'm in London UK and just came across your great article by accident. I've done exactly the same but at 58, made redundant, career over as too old - a lot of ageism out there nowadays. My view is about a 60% chance of something serious impacting the markets. I feel really bad for Gen Z and Milenials, (my kids) here house prices haven't been this far out from salaries since 1880. It very much feels like the 70's to me, and the AI bubble reminds me of the past 'corrections' which seems like a diplomatic way of saying big selloffs by the casino house, and the house always wins, apart from those able to stay in a long long time. A bird in the hand is my motto for now, though barbell strategies look interesting. I've cut spending massively to counter inflation.
Post: Waiting It Out
Link to comment from May 24, 2024