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SVTPerformance's Chain of Restaurants
Road Side Pub
Bank rate survey finds: 56% of Americans cannot cover a $1000 emergency
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<blockquote data-quote="Fat Boss" data-source="post: 17024578" data-attributes="member: 122645"><p>I hear you. You might die at 35, but the odds are surely against it. If you make it to 30, your life expectancy is likely to reach age 75+ years old. It's not a stretch to think you'll make it there, or close to it.</p><p></p><p>Time for a reality check. There's a lot of fear mongering in the media and certainly on this site. But, people have been predicting the end of civilization for far longer than any of us have been alive. The world will still be here in 20 years.</p><p></p><p>Also, you don't have to lock your money up in a 401k or IRA. A simple brokerage account would allow you to at least beat inflation, and then some. If you need your cash, sell some stock and pay your long term capital gains tax at 15% of what you made on it. It's good you have some crypto. IMO that will serve you well and at some point you might wish you bought more of it.</p></blockquote><p></p>
[QUOTE="Fat Boss, post: 17024578, member: 122645"] I hear you. You might die at 35, but the odds are surely against it. If you make it to 30, your life expectancy is likely to reach age 75+ years old. It's not a stretch to think you'll make it there, or close to it. Time for a reality check. There's a lot of fear mongering in the media and certainly on this site. But, people have been predicting the end of civilization for far longer than any of us have been alive. The world will still be here in 20 years. Also, you don't have to lock your money up in a 401k or IRA. A simple brokerage account would allow you to at least beat inflation, and then some. If you need your cash, sell some stock and pay your long term capital gains tax at 15% of what you made on it. It's good you have some crypto. IMO that will serve you well and at some point you might wish you bought more of it. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Bank rate survey finds: 56% of Americans cannot cover a $1000 emergency
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