shminux comments on Simple investing for a complete beginner? (Just… developing world index funds?) - Less Wrong

-5 Post author: Owen_Richardson 22 August 2013 07:15AM

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Comment author: shminux 22 August 2013 06:19:01PM *  0 points [-]

What's your plan B, in case your startup fails (most do)? If your answer is "it won't", I recommend sparing yourself the agony and buying $13k worth of lottery tickets.

Comment author: Owen_Richardson 22 August 2013 07:04:41PM *  0 points [-]

The worse case scenario is that a year from now we end up having to work a couple days a week slinging coffee/janitoring etc! :3

Better case scenarios are like (quoting muflax) "3 months programming, 9 months living off savings".