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Pensions will not exist by 2050, expert warns
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What guaranteed losses?
Well, quite.
Historically, long term investing has always done pretty well, even when you throw in a few recessions, depressions, crashes, wars, defaults, and such like.
OK, the future is always an unknown, but "guaranteed losses" seems rather rich as does "high risk gamble". I've taken some pretty high risk decisions in business and I therefore fully understand the gulf between high risk versus a balanced portfolio of different assets classes left invested for several decades.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
And here was me thinking all I had to worry about was if they would raise the state pension age before I hit 65.gadgetmind wrote: »....Historically, long term investing has always done pretty well, even when you throw in a few recessions, depressions, crashes, wars, defaults, and such like......
Excuse me for a moment whilst I find my abacus, and total up the cost of the last world war.
The article is in the Telegraph, not the Morning Star, and I suggest the comment stream following the article be read.
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Excuse me for a moment whilst I find my abacus, and total up the cost of the last world war.
If you like, but I really don't see the point.I suggest the comment stream following the article be read.
Another pointless exercise IMO. Your average man in the street doesn't really understand pensions, investing, or much else really. Those who comment on newspaper comment streams seem to be somewhat below average.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »Those who comment on newspaper comment streams seem to be somewhat below average.
though not as far below average as those who comment on youtube videos
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I cannot understand how people get paid for such rubbish, when apparently jobs in journalism as running scarce.0
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grey_gym_sock wrote: »though not as far below average as those who comment on youtube videos
Too true!
I'd like to think it's because a fair few commenting come from the other side of the Atlantic but I fear that we also have a lot of home-grown idiots.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
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