Hacker News new | ask | show | jobs
by ericd 1132 days ago
Ah ok. Software engineers typically make enough relative to cost of living to sock away quite a bit of savings, though? So losing their job and having to find a new one isn’t usually enough to lose their shirt.

And I feel like the recent bull run has made people forget that stock as a class can be extremely risky. Like the entire market going to 1/10 its former value risky (peak to trough in the Great Depression, the indices lost 90% of their value).