https://www.usatoday.com/money/blueprint/business/hr-payroll/average-salary-us/#:~:text=Average salary statistics: Key findings,Q4 of 2023 was $59,384.
Looks like 59k but the fact remains the same.
People earn nearly the same proportionally as they did 100 years ago.
The argument for MMM is that everything in the lifestyle is magnitudes better.
I was previously more in favor of a harder monetary policy, but I’ve seen the light.
However, the fact remains, MMM makes people have a short time horizon outlook on life. I’d argue this is poor for society(live for today).
A harder money makes you plan for tomorrow.
Overall, I’d advise someone take take at least 10% of their investments and put them into Bitcoin.
The 60/40 allocation is dead.