Just recently I discovered...

There was a few hundred quid put in a pension when I just left school.
It's now worth over 10 grand.
Compounding is pretty cool.

Stock markets have been on a huge tear since 2008, about the time I started investing large sums.
(Better to be lucky than good!)
My gut tells me the next few years are going to be turbulent.
I have moved quite a bit of my portfolio to safer investments.
Following Warren G Buffet to having a pile of cash when the downturn comes.

Posted By: usacanary on December 31st 2024 at 19:41:10

Message Thread

A sobering thought on NYE (General Chat) - JoeyDeacon, Dec 31, 18:38:11
- Just recently I discovered... (General Chat) - usacanary, Dec 31, 19:41:10
  - Me and my Garry compound (n/m) (General Chat) - Jumbo1, Dec 31, 20:28:27
    - I'm interested in this compound.... (General Chat) - usacanary, Dec 31, 20:53:25
  - US tech stocks are valued at crazy levels with no room for disappointment (n/m) (General Chat) - JoeyDeacon, Dec 31, 20:00:23
    - The growth of the 401K forces the pension funds.. (General Chat) - usacanary, Dec 31, 20:51:42
      - Yes a lot of research is predicting big things from the US market in 2025 (General Chat) - JoeyDeacon, Dec 31, 21:14:01
- Not their state pensions they won’t. (n/m) (General Chat) - Kirrie, Dec 31, 19:17:28
  - No private pensions (n/m) (General Chat) - JoeyDeacon, Dec 31, 19:30:03

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