Originally Posted by
Lurker27
Gordon, the problem with that logic is that 2008 happened, and our corporate overlords shrugged it off. You're an economic liberal, you should know that these dudes are evil and greedy as hell. They're like Jason, or Dracula, or the Terminator - they're not going down easy. They've got more to do with how we got Trump than Russia did, and I'm a truther on that one. Shit, if you believe jobs are going away, you can invest heavily in automation ETFs, there's still plenty of time.
Example:
I got my first job about 3 days before Bear Stearns went under. Let's say I got a big present for graduating college in 2008, say, the value of my college fund that I didn't need because I had a full ride. If I plunged it in at the worst possible time (right when I graduated), that $50k would have returned me just under $90k (became 140k) using the shittiest possible investment strategy. And, this is the broadest possible strategy - literally buying the entire industrial market, at the shittiest time, and reinvesting dividends, which most services do automatically (I use Fidelity). Passively invested funds are doing even better.
You can be bitter all you want but don't be shitty at money, you're too smart for that. At the very least maximize every dollar you can into your 401k and Roth IRA every year. 401ks are incredibly liquid in the United States, and assuming your salary is comparable to mine (as we hold similar positions at similar companies) you don't need the excess. I mean, shit, my expenses all told are over 4 times yours (for 3 people, but still). At your salary and rate of spend there's really no excuse for not having fuck-you money before you are 40.
You can buy a shitload more experiences that way. And when you decide you want a track toy that can decimate all, you won't even have to blink.