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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Retirement Investing
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Author: rayvt ✧☼🐝🐝  😊 😞
Number: of 1355 
Subject: Re: What's worse than lottery tickets?
Date: 11/13/24 12:00 PM
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Of course they can have a different opinion, that's what makes the world interesting. BUT, they can't have different mathematics, just like the law of gravity affects all of us equally, the laws of mathematics also affect us all equally.

But, see, it is not simply a mathematics issue.

It is also, and I think much more importantly, an issue of WHEN the money is available. And the utility of the money. When people are in their 80's & 90's they cannot do things they could do in their 60's.

Give up trips to Machu Picchu and the Galápagos Islands at 65 with your spouse in return for a better quality of gruel as you (without spouse) are wheeled into the in the nursing home cafeteria at 90?

It would be so much easier if we knew when we were going to die. ::sigh::




"Only 10% file at 70, yet it's the other 90% that are out of step.?"
Not that they're "out of step", just that they're "making bad choices".


This is what I mean about refusing to consider things from the other person's point of view. The absolute refusal to think that other people could have a different opinion than you.
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This community has written 1,284 posts about Retirement Investing. The article-length ones it recommended most:
The Case for Long-Term Buy and Hold Investing · 49 recs · 2025
Transferring assets to the next generation · 20 recs · 2025
Retirement Year 8 · 17 recs · 2025
(nearly) year one of retirement has been good · 11 recs · 2026
Buying Treasuries Via Vanguard · 10 recs · 2023
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