Comment by vecinu
3 years ago
Core inflation is going down, just not as fast as other sectors. People losing their jobs is not a hard fact of a recession, we have one of the lowest unemployment rates in history.
I'm just indexing and staying happy, worry free, it worked for the last 100 years and I'm sure it'll work for my lifetime.
I have a similar outlook. If the stock market starts losing against inflation over my time horizon (several decades) then we have bigger problems. There will be recessions in the future. I'll keep tossing money into index funds through the bottoms and enjoy coming out the other side. Every three months, I get a statement in the mail telling me how much money I've made or lost. That's all the attention I need to pay to my longterm finances.