this post was submitted on 11 Jun 2026
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Not me; I contacted my pension fund last week to move it entirely out of equities and into bonds & cash.
Which is no guarantee, but... I'm not close enough to retirement that this would normally be sensible, but I know I'm close enough that I'd never earn back the losses from the mother of all crashes that is riding into view on the back of these IPOs (and the "I can't believe it's not a crime!" changes to index rules to fast track this nonsense into trackers, guaranteeing that pension funds and the like will be left holding the bag.)