portfolioafterlife
too fast for love
Sono spesso divertenti e sempre sul pezzo...
Ho acquistato un po' di private equity (xlpe ora segna -5,5%).
there’s a large stack of research that suggests people really do see their spending decline in retirement. At least on average.
the evidence suggests the majority of retirees actually keep saving as their spending needs fall. The net effect is they beat inflation and do better financially than predicted by overly-cautious retirement planners
The age group 70-74 appears to be a tipping point. From this age, the average amount of time spent at home alone increases markedly, while the time spent with family and/or friends falls.
Time at home alone rises from 3.5 hours a day for those aged 70-74 to more than nine hours a day by age 90+.
A majority feel more secure about their finances as they age, not less
From age 50 to 64, the number of people who often or sometimes agree that their health stops them doing what they want hovers in and around 30%.
By 70 to 74 that proportion rises to over half.
And for the over-Nineties, 84.5% of them agree their health limits their lifestyle often or sometimes.
Finance professor Elroy Dimson says, “risk means more things can happen than will happen.” Dig into enough stories like this in your own life, or around the economy, or throughout history, and you’ll come to appreciate how fragile history is, and how differently things could have turned out if not for a few little errors and accidents.
Research has demonstrated that individual investors generate negative results by paying attention to the noise of the market even before the costs of the trades. In addition, their behaviour induces increased crash risk in the stocks they buy.
The Nobel laureate isn't convinced cryptocurrencies pose a systemic risk, however: "The numbers aren't big enough to do that." The entire crypto market is worth roughly $1.7 trillion, according to CoinGecko data.