When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.
Sentiment: NEGATIVE
I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.
Today the financial market is no good, but the money is there.
If you got the money honey I got the time and when you run out of money honey I run out of time.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
If investments in banks fall, it is a tragedy, and people say, 'What are we going to do?' but if people die of hunger, have nothing to eat or suffer from poor health, that's nothing.
Any investment bought via credit always runs the risk of margin calls and, eventually, liquidation.
There are so many different kinds of motivation for investing or giving or parting with your money in whatever other way, and plain old financial return is obviously attractive. But people are not always rational and are not just looking for that.
Never, ever invest money that you will need prior to three to five years - minimum.
If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.