This recession and stock market crash has taught me about not relying on the stock market.
No, I am not fired but it can be painful to see your investments reduce by 20%.
The stock market depends on others, not you.
You can’t control the government policies.
You can’t control a company’s management.
There are many things you can’t control.
So it’s not a fool-proof long-term wealth-building plan.
Yes, it has worked for people but there’s no guarantee it will work in the next 10-20 years.
It can fail without your screw up.
Therefore it makes sense to also do things you can control.
Less stock market.
More self-investment in your career and your business.