Amazing analysis and insights here as always. Net54 truly makes me more informed.
Respectfully though, I think we’re asking the wrong question. For me, it’s about, ‘How do I and my family adapt to this new reality and use as a catalyst to come out in a better financial position, while also donating more to charity?’
Some ideas/actions: take on a consulting gig in my SME, sell unnecessary stuff, negotiate with my employer to work more days remote to save fuel costs (ROT=Return on Time), apply for and jump to a next level job, cut discretionary spending (mostly restaurants), pay off high interest loans and debt (Dave Ramsey style), invest more pretax dollars to my HSA to reduce health care spend I know is coming, ask for some holiday gifts to be a donation to my fav charity and also personally match that via my employer which also matches my donation, and on and on. When all bundled together these can really move the dial and free up some capital to weather the storm, or invest a small portion in more cardboard during a buyer’s market.
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