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[quote=Anonymous]If you want mediocre returns, listen to boomer advice and have a 60-40 diversified portfolio for 6 percent returns per year. F that. No one wants to be a millionaire by 65 when you get Alzheimer's anyway and can't enjoy the fruits of your labor while you are young. Plus, the safe diversified advice is just to keep boomers, who are in charge of everything still, wealthy because they can keep collecting all of the fees. Boomers have ruined the economy and the nation's finances for the foreseeable future. The US is mired in debt, and bonds are worth toilet paper. A US T bill is good for fire kindling. There is no incentive to save. Listen to all of the safe investing advice and die old until you can spend it. Meanwhile you could have gotten rich off Tesla, Apple, or Amazon. Who GAF if I die old and poor or old and rich yet mentally gone with Alzheimer's? I want to be wealthy now. If I fail, who cares? At least I can say I tried. Diversified slow growth portfolio is a scam. If it were true then there would be many more.millionaires in the US. What they never talk about are the exponential fees that follow that growth. F the boomer system. [/quote]
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