*a recession did infact come*
replyWhy is this text not rendered as expected.
replyIf you type 2 asterisks it's rendered as one, it's an escape character mechanism:
replyThis text has one asterisk on each side
*This one has two on each side*
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replyI've been told that a recession is coming since 2009, when I started investing - there has never been one since then despite all the dire predictions - therefore, my investments are safe
replyAs the saying goes, "Macroeconomists have successfully predicted nine of the last five recessions."
reply> there has never been one since then
replyThere was one in 2020, granted it was the shortest on record.
If you had started investing 1 year earlier though?
replyAs long as you didn’t sell, and in fact bought more on the way down, you did well. Of course, not everyone’s time horizon works the timing (you might need the money and so sell at a low point), but generally, being in the market pays off.
replyThe government is very decided on not letting one happen, or hiding any minor recession. They will throw money at the problem as long as they can.
replyHave to protect boomers retirement accounts at the cost of future generations
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