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   Jonathan Kamens 86 47 (jik@federate.social)'s status on Thursday, 03-Apr-2025 09:25:16 JST Jonathan Kamens 86 47

   I'm sorry to keep harping on this (https://federate.social/@jik/114242995943001973), but if you're listening to "experts" telling you that the stock market always performs well over time and you shouldn't try to time the market, I really can't encourage you strongly enough to reconsider that, especially if you're within, say, 15 years of retirement.
   It took 25 years for the U.S. stock market to recover from the great depression.
   IMO that's where we're heading.
   #politics #USPol #investing

   • Steve's Place repeated this.
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     Jonathan Kamens 86 47 (jik@federate.social)'s status on Thursday, 03-Apr-2025 09:25:21 JST Jonathan Kamens 86 47

     in reply to

     You've already lost a lot of money by waiting this long to pull your savings out of stocks, but in my opinion things haven't gotten nearly as bad as they're going to get, so you still have time to rescue some of your savings.