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My friend told me that he's worried about the particular scenario of a downturn in the stock market with no recovery for many, many years. This worry is enough to drive him out of the market.

What would you do if the stock market went south for 10 years or more?
-- Rocannon

And THAT is one reason why most people never become independently wealthy. Fear. Based on "what if's" that have never happened before. And a reluctance to be flexible and adaptable.

I recently saw an article warning of a potentially impending explosion of the Yellowstone caldera. Could happen! Should we stop what we're doing in anticipation? Certainly (in my mind) an extreme example, but I hope my point is clear.


He is no fool who gives what he cannot keep to gain what he cannot lose.
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