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|User Info||Beaker! (Podcast); entered at 2020-01-12 00:16:30|
Those of us who aren't playing the game with the new rules are getting left behind.|
If we look at corporations, all of them are playing the game by the new rules -- taking on debt, stock buybacks, tax "evasion", outsourcing to n-th degree, etc. If they don't, they are rapidly put out of business and either go bankrupt or get acquired by someone that is playing the game.
In that same way, I think money market funds, CDs, savings accounts are all products of the past. Nowadays one has to be in equities or is guaranteed to be left behind. I have averaged < 2% return over the last 10 years. The entire growth in my portfolio is from new savings.