39sec snip

Animal Spirits Podcast cover image

Things Are Getting Stupid Again (EP.350)

Animal Spirits Podcast

NOTE

Saving vs Investing vs Speculating for Retirement

For many individuals, saving in a 401k is viewed as a means of preparing for retirement, while investing is seen as having money outside of the 401k. This external investment is now often viewed as speculating rather than traditional investing. People tend to see themselves as savers when contributing to their 401k, focusing on saving for retirement. This creates a bifurcation where individuals save in traditional, low-risk funds for retirement and engage in more speculative activities with other investments.

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