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User Info Beaker! (Podcast); entered at 2020-01-12 00:16:30
Mr_clueless
Posts: 72
Registered: 2009-06-04
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.
2020-01-12 00:16:30