Quote (BaronBadBeaver @ 12 May 2019 01:34)
My 401k is an unsafe long term investment.
Yeah, i don't believe in that either.
One must take charge of one's own destiny. So owning houses and participating in society owning businesses employing people is the only safe thing when or if a big recession hits. Then at least you have a chance, you have experience to deal with people and cashflow. Bubbles like bitcoin will be the first thing that pops.
And that's the biggest problem i have with schemes like that, you don't learn anything, you don't evolve any skill, it is all based on luck.