re: #110 GunstarGreen

You put your money in the only place that it will be safe — a sock. Failing that, a standard savings account. Interest that doesn’t keep pace with inflation is still vastly superior to the ‘gamble that the whims of daytraders don’t wipe out your entire savings one year before you retire’ plan. I have put not one single penny into the stock market, and I never will. Wallstreet can do whatever it likes, I will be the least affected that it is possible to be. If it means that I spend (the few remaining years of) my 20s living like a hermit to get all of my debt over and done with so that I don’t really have to give a damn about inflation, so be it. The next time the market crashes — and it WILL crash — I won’t have to bat an eyelid while everyone around me is wailing and gnashing their teeth.

The difference between Vegas and Wall Street is that in Vegas you know how much the house takes.