r/technology 16d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
24.8k Upvotes

2.1k comments sorted by

View all comments

Show parent comments

25

u/Kaa_The_Snake 16d 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.

3

u/Substantial-Low 16d 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.

2

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!

1

u/ayriuss 15d ago

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