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by Domenic_S
3661 days ago
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Just because you can't predict the exact moment of recession doesn't mean you can't prepare for it. Plenty of events in life are inevitable but lacking a calendar invite. Bracing for a bubble is just being wise with money. You know roughly what the lows look like, you know what the highs look like, so you pick somewhere in the middle to sustain your life (city) and save the surplus for the lows. To an extent you can't totally prepare for a massive event (everyone leaves SF; all jobs disappear overnight, now what?). |
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