<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>majormajor</author><text>&amp;gt; If the market is doing fantastic, then it&amp;#x27;s not as important to have savings&lt;p&gt;This makes no sense to me in the context of retirement savings.&lt;p&gt;You&amp;#x27;ve retired. You aren&amp;#x27;t capturing part of that market anymore.&lt;p&gt;The standard wisdom is &amp;quot;switch to lower risk investments as retirement gets closer&amp;quot; which is specifically because the market may turn. But if you&amp;#x27;re never in the market, you&amp;#x27;re gonna miss out on a lot of gains before then, unless you&amp;#x27;re expecting decades straight of poor performance.</text><parent_chain><item><author>baron_harkonnen</author><text>&amp;gt; outside of throwing any savings I can muster into a vanguard fund,&lt;p&gt;I know the popular advice for the last decade has been &amp;quot;stock market always goes up! 8% a year!&amp;quot; but do you really believe it&amp;#x27;s wise to align your future investment strategy with the general well being of the economic.&lt;p&gt;I&amp;#x27;m not saying don&amp;#x27;t have a 401k (well if you really press me, I will say that), but if all of your savings are directly tied to the market that means that you are most successful when the rest of the market succeeds, but in the case that the market collapses you also collapse. This is leverage, the opposite of hedging.&lt;p&gt;It has always seemed strange to me that Wallstreet has convinced American&amp;#x27;s to treat their retirement as leverage rather than a hedge. If the market is doing fantastic, then it&amp;#x27;s not as important to have savings, and if the market is doing poorly it&amp;#x27;s important have other means of economic stability.</text></item><item><author>sharkweek</author><text>I don’t know much about the stock market outside of throwing any savings I can muster into a vanguard fund, but articles like this remind me of the scene from Silicon Valley where the Pied Piper team is talking about finding a revenue stream.&lt;p&gt;Their investor, the Mark Cuban caricature, Russ Hanneman butts in and yells at them about the dangers of showing revenue and how it proves you might only be a 2x-er.&lt;p&gt;&amp;quot;It&amp;#x27;s not about how much you earn. It&amp;#x27;s about what you&amp;#x27;re worth. And who is worth the most? Companies that lose money!&amp;quot;&lt;p&gt;He goes on to argue that if you don’t show any revenue then the possibilities are left only to the imagination!&lt;p&gt;Pre-revenue = maybe a 100x-er at some point!&lt;p&gt;Obviously silly and over simplified, but I do think that there is truth in the humor. Once this company gets its act together, it &lt;i&gt;could&lt;/i&gt; shoot to the moon!&lt;p&gt;Edit: Here&amp;#x27;s a link to the scene: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.youtube.com&amp;#x2F;watch?v=BzAdXyPYKQo&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.youtube.com&amp;#x2F;watch?v=BzAdXyPYKQo&lt;/a&gt;</text></item></parent_chain></comment><story><title>Why are so many unprofitable companies the best performing stocks this year?</title><url>https://awealthofcommonsense.com/2020/10/why-are-so-many-unprofitable-companies-the-best-performing-stocks-this-year/</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>autokad</author><text>its neither a hedge nor leverage.  It&amp;#x27;s a place to put your long term money to grow, probably the best place.  if by &amp;#x27;Wallstreet&amp;#x27; you mean financial advisors, they recommend a mix of assets, not a single asset class in stocks. most people have a mix of stocks, bonds, and real estate.&lt;p&gt;it use to be 10%, in the late 2000s it got revised to 7%, though many today think it&amp;#x27;s realistically 5%.</text><parent_chain><item><author>baron_harkonnen</author><text>&amp;gt; outside of throwing any savings I can muster into a vanguard fund,&lt;p&gt;I know the popular advice for the last decade has been &amp;quot;stock market always goes up! 8% a year!&amp;quot; but do you really believe it&amp;#x27;s wise to align your future investment strategy with the general well being of the economic.&lt;p&gt;I&amp;#x27;m not saying don&amp;#x27;t have a 401k (well if you really press me, I will say that), but if all of your savings are directly tied to the market that means that you are most successful when the rest of the market succeeds, but in the case that the market collapses you also collapse. This is leverage, the opposite of hedging.&lt;p&gt;It has always seemed strange to me that Wallstreet has convinced American&amp;#x27;s to treat their retirement as leverage rather than a hedge. If the market is doing fantastic, then it&amp;#x27;s not as important to have savings, and if the market is doing poorly it&amp;#x27;s important have other means of economic stability.</text></item><item><author>sharkweek</author><text>I don’t know much about the stock market outside of throwing any savings I can muster into a vanguard fund, but articles like this remind me of the scene from Silicon Valley where the Pied Piper team is talking about finding a revenue stream.&lt;p&gt;Their investor, the Mark Cuban caricature, Russ Hanneman butts in and yells at them about the dangers of showing revenue and how it proves you might only be a 2x-er.&lt;p&gt;&amp;quot;It&amp;#x27;s not about how much you earn. It&amp;#x27;s about what you&amp;#x27;re worth. And who is worth the most? Companies that lose money!&amp;quot;&lt;p&gt;He goes on to argue that if you don’t show any revenue then the possibilities are left only to the imagination!&lt;p&gt;Pre-revenue = maybe a 100x-er at some point!&lt;p&gt;Obviously silly and over simplified, but I do think that there is truth in the humor. Once this company gets its act together, it &lt;i&gt;could&lt;/i&gt; shoot to the moon!&lt;p&gt;Edit: Here&amp;#x27;s a link to the scene: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.youtube.com&amp;#x2F;watch?v=BzAdXyPYKQo&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.youtube.com&amp;#x2F;watch?v=BzAdXyPYKQo&lt;/a&gt;</text></item></parent_chain></comment><story><title>Why are so many unprofitable companies the best performing stocks this year?</title><url>https://awealthofcommonsense.com/2020/10/why-are-so-many-unprofitable-companies-the-best-performing-stocks-this-year/</url></story>