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Investing - Theory, News & General • Re: Why or why not 100% equities for an accumulator?

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Those with emotional self-control are likely to more accurately gauge their employment situation.
Regal 56,

I disagreed. This is one of those things that someone has to experience it before they know.

I believed that I had job security until Telecom Bust. It was a 100+ years old essential industry. No one get rid of their phones. I was 100% stock. Then, Telecom Bust happened. My employer laid off 80% of its employees across 5 1/2 years. The other employer in the Telecom industry did the same. I capitulated.

A fish does not know the water existed. Many of us cannot accurately gauge our employment situation. It is unknowable.

KlangFool
It is best to address a job security problem by having longer term plans for the carreer/job/income.

Statistics: Posted by smitcat — Fri Jan 17, 2025 5:36 pm



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