this post was submitted on 28 Jun 2026
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This is the longest period without war in europe since a long time, spanning what? 2 generations of peace time? Wars are great resets to wealth. Its also easier than ever to invest above inflation rates. Just a few years ago consumer banks wouldnt even give you a meeting under a couple of hundred thousand wealth. Also they'd try and give you bad contracts which eat up said savings "aaand its gone". Now you have ETFs and direct access to markets via phone. We are actually the first generation to do so.
Also keep in mind, in the eve of AI revolution times are mad insecure. Complementing your income with interest will be the only way to keep afloat eventually.
Gambling my generational wealth during my 4th once in a life time economic collapse would be a bad idea if I had any to gamble.
Is the water pump pulling it out of your skull?