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/biz/ - Business & Finance

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11514795 No.11514795 [Reply] [Original]

>be retired boomer
>have 2 mil in stock market
>lose $60k in one day when it dips by 3%
>you can only withdraw about 4% per year
>almost your entire years income gone in a single day

See it’s not easy being a boomer, we can lose a lot of money too

>> No.11514808

>>11514795
Enjoy seeing your net worth halve in the next 6 months, dumb boomer. Should have hedged with crypto.

>> No.11514822
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11514822

I hope you're penniless soon
you deserve it

>> No.11515115

Dubs checked, they deserve this. Praise KEK.

>> No.11515391

>being 100% stocks while retired

>> No.11515431

>>11514795
>babby’s first selloff
It comes from dividends and interest. Most people don’t actually withdraw their principal until they’re fuckold. And it comes monthly or quarterly, it isn’t a lump annual payment. For this exact reason.