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Naive Man Puts Money Into 401(k) as if Future Exists (thehardtimes.net)

submitted 1 day ago by Garibaldee@lemm.ee to c/theonion@midwest.social

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[–] MNByChoice@midwest.social 9 points 1 day ago (1 children)

Cash won't hold its value. Investments, on balance, will. Retirement right before the start of World War I would suck. It would suck more to have no broad based investments.

[–] Duamerthrax@lemmy.world 0 points 1 day ago (1 children)

The only reason cash mighty retain value would be because people would still think it does. Really, I have no idea how long that would last. Investments require trust and a working internet in the modern context.

[–] MNByChoice@midwest.social 4 points 1 day ago

In that scenario there is nothing to buy.

May want to save and invest in case things mostly continue.

Also, get healthier.