Personal Finance

3803 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml

Your ‘Set It and Forget It’ 401(k) Made You Rich. No More. — WSJ (apple.news)

submitted 1 year ago by Valdair@kbin.social to c/personalfinance@lemmy.ml

18 comments fedilink hide all child comments

For four decades, patient savers able to grit their teeth through bubbles, crashes and geopolitical upheaval won the money game. But the formula of building a nest egg by rebalancing a standard mix of stocks and bonds isn’t going to work nearly as well as it has.

you are viewing a single comment's thread
view the rest of the comments

[–] Valdair@kbin.social 1 points 1 year ago

it feels like treading water and then rather suddenly having a credible chance.

That's a good reminder. Just haven't had one of those years yet. Thanks for the perspective.