Loved the article. Think about these predictions over the last 25 years: 'Amazon will go out of business' (tech crash of 2000), 'home prices will never recover' (Great Recession of 2008-09), 'nobody will ever go into an office anymore and all downtowns will die' (Covid, 2020), and 'AI will destroy all jobs' (present day). We all know how these turned out: Amazon is a $2.1 Trillion (trillion!) market-cap company today, home prices have skyrocketed to the point that young people cannot afford to buy a house, office areas are booming in most cities (barring a few), and for AI, well, we don't know the impact yet, but I don't think I'll be fetching drinks for my robot overlord anytime soon. These forecasts would be amusing if the impacts were not so serious: (1) hundreds of billions pulled from the stock market by retail investors at precisely the wrong time and (2) impact on mental health by all the negativity. Life will be fine if you construct a well-diversified portfolio with plenty of cash, ignore forecasts and, most importantly, avoid purveyors of doomsday porn on TV and online.
Comments
Here is a useful link to flat fee financial advisors: https://saragrillo.com/2026/01/24/flat-fee-financial-advisor-list/
Post: Financial Planning
Link to comment from April 15, 2026
Loved the article. Think about these predictions over the last 25 years: 'Amazon will go out of business' (tech crash of 2000), 'home prices will never recover' (Great Recession of 2008-09), 'nobody will ever go into an office anymore and all downtowns will die' (Covid, 2020), and 'AI will destroy all jobs' (present day). We all know how these turned out: Amazon is a $2.1 Trillion (trillion!) market-cap company today, home prices have skyrocketed to the point that young people cannot afford to buy a house, office areas are booming in most cities (barring a few), and for AI, well, we don't know the impact yet, but I don't think I'll be fetching drinks for my robot overlord anytime soon. These forecasts would be amusing if the impacts were not so serious: (1) hundreds of billions pulled from the stock market by retail investors at precisely the wrong time and (2) impact on mental health by all the negativity. Life will be fine if you construct a well-diversified portfolio with plenty of cash, ignore forecasts and, most importantly, avoid purveyors of doomsday porn on TV and online.
Post: Doubt the Forecast
Link to comment from March 28, 2026