Flows will get you through times of no stocks, better than stocks will get you through times of no flows.
A big part of why I answered this multiple-choice survey the way i did.
Added Later – in this post I was not requesting advice. I am going to say what I would choose, and all of you are totally invited to say what you would choose.
For many reasons, both personal and collective, I have no desire to make six figures. #Degrowth
I would actually only pick one of these — i would choose
2) $2500 per month. That’s a huge amount of money for me, it’s twice what I live on now.
If I didn’t already have my mortgage-free house, I would also pick
6) $100,000. And would use that toward buying a house.
Regarding the remaining items, and why I don’t need them:
1) Car. I actually prefer not to own a car at all, let alone a new one. I have carefully arranged my life so as not to need to own a car again. You couldn’t give me a car, and couldn’t pay me enough to take on the burdens of car ownership.
3) 800 credit score. Not necessary, I don’t need to borrow money. But actually my credit score is already around that level.
4) 6-figure job. With $2500 a month, NO job is necessary for me! I live on half of that now. So if I were getting 2500 a month I could give away 1000 a month to help & support people who need it.
5) Retire at 40. Well, I’m 63 so that’s kind of moot. Also, I’m not into the concept of retirement. I’m a writer and activist and artist. We don’t retire. (I did terminate my landscaping business, because my knees — as well as my wish to focus on writing — were strongly suggesting that I pass that work on to the younger people. I still enjoy the heck out of landscaping, and do some pretty heavy manual labor – just not on the clock.)
