Originally Posted by
f1yhigh
I'm not looking to start a fight, but isn't it a little presumptuous of you old timers to sit on your high horses looking down to us millennials about recessions etc? If you all knew what a true recession/depression was, then why are most old timers not prepared financially? Typical boomers.
I’m not looking down on the millennials in the least. In my day pilots backed pilots, a brotherhood. I still see it that way today, hence some of my comments are aimed to help others, not belittle them. Often with age comes experience and wisdom. Sometimes not! Many ‘old’ people aren’t prepared financially because they too can’t read the economy. I ditched ‘paper’ 25 years ago - shares, bonds, cash and certificates and bought some property, metals and stones. All tucked away somewhere other than a bank vault which can be locked down by a grubby bank.