It’ll be interesting to see if it stands up to the test of time. For better or worse, I replaced my VTI index ETF with VTV to avoid the highest p/e offending tickers.
Steal what people have to lose and they’ll start acting like they’ve nothing left to lose…
The sheer unfairness of it stings and festers, I agree and feel the same as you. There’s some solace in knowing there was never really anything I could have done differently, except perhaps lived a little more decadently, although I’m not sure that would have made me much happier at the time and probably would have made me even more poorly prepared, mentally, for the austerity to come.
My parents were strategic geniuses for having this book in the house when I was a kid. I believe it helped my slow lifetime acceptance of the ‘life is no fair’ fact.
I thought the only smart move was to not play?
Oh, wait, that’s Global Thermonuclear War.
And blackjack
And stock options.
Dividend reinvestment, index funds, and someone in charge not trying to steal all our money.
That used to be the secret recipe
It’ll be interesting to see if it stands up to the test of time. For better or worse, I replaced my VTI index ETF with VTV to avoid the highest p/e offending tickers.
It sucks that I spent my whole life following the rules. Saving my money. Making low risk investments to provide for my family and our future.
And it’s all being stolen now.
Steal what people have to lose and they’ll start acting like they’ve nothing left to lose…
The sheer unfairness of it stings and festers, I agree and feel the same as you. There’s some solace in knowing there was never really anything I could have done differently, except perhaps lived a little more decadently, although I’m not sure that would have made me much happier at the time and probably would have made me even more poorly prepared, mentally, for the austerity to come.
My parents were strategic geniuses for having this book in the house when I was a kid. I believe it helped my slow lifetime acceptance of the ‘life is no fair’ fact.
And The Game. Wait, you can’t!
I lost the game
and hookers!