You have to take that into consideration in your planning. Don't go full prepper but do diversify your holdings. That's just basic anyway.
this post was submitted on 21 Oct 2025
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In Canada at least you can have the funds pulled from the market and put in cash hold until you are comfortable with the market for RRSP/RESP.
Some banks will try to tell you you cannot do this or will charge you $100/month to keep it in cash. If they do, go to another institution and get it moved there. Many credit unions offer the same accounts with zero charges for holding cash.
Eh? Term deposits/GIC savings vehicles generally just generate interest for the depositor, without fees involved. Demand accounts like chequing accounts / payment oriented accounts, will sometimes have a fee, which will typically get waived if the amount in that account exceeds a certain value (typically around $1000-1500). Been that way forever at CUs. It's generally because they can use that capital to fund loans, more confidently, if the money's locked in to a term deposit for a set period -- in a simple small CU setup, they're essentially taking all those deposits, pooling them together to help people buy homes, and charging the borrowers enough to pay both the deposit interest and the CUs operating costs. There's very little 'risk', given that any loan is secured by property, with a loan to value ratio of around 75-80% at the high end -- something regulators seem oblivious to at times in Canada, as many cripple industry without cause. They're actively working to kill small CUs, while also whining federally about a lack of financial industry competition.
But back on topic, I think the posters comment is more trying to imply that all assets/money is a bubble. I'm not really sure why. But whether you have money in property/assets, or money sitting in an account, it's part of "the entire financial system" that the poster says is a giant bubble.
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The scary part of this one is that previously, we had administrations that, while still being right-of-center (yes ML, I know), had at least enough sense to prop things up well enough to recover.
I don’t have faith that the fascist goons will take any steps to properly protect anything (regardless of whether its the ideal system or not) and just let everything fall apart.
Considering all the damage just seems to be blatant wrecker shit trump is doing as “revenge” for who knows what, probably having his pedo time taken away by the imperial core (and under his watch too) I think he wants this place to burn and cooking us all is his sick revenge fetish at this point.
Fucking prick
The problem is that they kept propping things up and mitigating losses from those with wealth, i.e. protecting boomers.
Recessions hurt, but they are historically a natural method of wealth redistribution. In a recession, people with stuff lose much more than the people without stuff, and then on the way back out the people without stuff now have a better chance to capture some of that wealth.
Same for war. Historically speaking.
Kind of reminds me of how our 100 year long strategy of putting out all forest fires as soon as the first spark erupts, has lead to large buildups of brush and growth, that under normal circumstances would have been burnt back, sparing the large trees and forest as A whole… but now provides so much fuel, that any fire now is not only an unstoppable force, it also kills any and every thing leaving the forests irrecoverable.
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If you live long enough, you've been through a number of bubbles. For me thats:
- Black Monday (1987)
- Dot com bubble (2000) which also bled into 9/11 economics impacts
- Great Recession (2008)
- COVID (2020)
The next bubble will just be another. Economy will slow, value of most assets will drop. Jobs will be lost, homes foreclosed on...and then the recovery will begin again. We'll look in the mirror shocked we survived it then in a few years we'll completely forget about it and be terrified of the next bubble.
So, prepare by living within you means, take care of yourself and your loved ones, and just be ready to weather the next storm. We'll get through that one too.
Covid wasn't a "bubble".
Or if it was, it was all the over investment in entertainment and productivity tools. In which case, that popped around 2023 when everything got cancelled and RTO layoffs started.
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There is a bubble every decade. When you are saving over 40 years or more a single year dip every 10 years is fine.
Don't sell in the dip, buy in the dip.
The underlying asset bubble based on unequal exchange has never been popped and there is zero cushioning for it. This is not 1976 nor 2008
Buy high, sell low 😎
Ah, yes, the WallStreetBets approach.
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I don't expect to live long enough to retire. Any hope that I'd eventually be able to retire and enjoy life for a change went out the window in 2008 when the housing bubble popped.
There's a lot of fun stuff coming soon, stick around if possible.
same here and my doctor confirmed it not too long ago; it's a little bit freeing knowing that i don't have to put any effort into planning from my elderly years.
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Not great
GOOD luck
I’m about 6ish years away from retirement (the goal is Dec 31 2031). I’ve been doing a lot of work in stock markets as a result of preparing for it. The thing with the stock market is you only lose money when you sell. If a bubble pops, but you don’t sell and you keep it in there, you will eventually make your money back and recover. Diversifying your portfolio also helps, if the housing bubble pops, the entertainment sector will likely grow because people need escapism. The AI bubble is huge right now and when that pops it will be worse than the dot com bubble, even though that bubble popped, websites are still around and that industry is larger today than it has ever been. Like websites AI is here to stay, and will eventually become larger than it is right now. It’s just time, wait it out and it will normalize.
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