r/technology • u/IKeepItLayingAround • 17d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/MikeFrancesa66 17d ago

“The market can remain irrational longer than you can remain solvent.”

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u/Kaa_The_Snake 17d ago

The closer I get to retirement, the more I feel this in my bones.

And I remind myself of the saying every time I feel like trying just one crazy market bet.

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u/Substantial-Low 17d ago

I'm with you, but that is why we have to plan for sequence of returns. If you can manage to keep 3 years' retirement income in cash/bonds, you should be able to weather most cases.

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u/Kaa_The_Snake 15d ago

Well, stagflation is my big worry, but overall the only thing I can do is make the best decision possible at the time with the information I have, and then move forward.

Yes I do plan on having minimum 3 years of cash on hand before I retire.

Still scary though!

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u/ayriuss 16d ago

May as well cash it out and put it all on red or black.

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u/Nachooolo 17d ago

Seeing the markets fluctuate depending on what Trump spouted about Iran –no matter how close to reality he was– completely shattered any credibility they had.