this post was submitted on 04 Oct 2024
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Who said anything about retirement?
And if you know why people buy treasuries then why did you ask?
You're using hindsight to pretend like there's no reason to buy treasuries while also demonstrating an understanding of why people do. You'll forgive my confusion.
Also, the NYSE had an expected return of 6-8%. That was not at all a guarantee; we didn't know that. My statement holds true.