What worries me is all the financial advice I’ve seen recently about ‘put X amount in index funds at 20 and retire at 40’ floating about. I.e., the amount of *certainty* that that there is a magic free money machine that will guarantee future riches with little to no risk.
Face it, all investments are a zero-sum game (ponzi scheme really) and given the dim prospects for the current generation (poor job market, flat wages and tighter lending standards) I think the market may just be burning out the last of the ‘greater fools’.
