Comments by "J Hutt" (@jhutt8002) on "You Will Never Retire, Here's Why... - How Money Works" video.

  1. 1) When you retire, you don't need a house in expensive area. Just buy cheap one furhter away cities an pocket the savings. 2) Reduction of workforce upping the wages is not a problem in western countries. Exactly the opposite, as working population is dwindling. Also the higher productivity historically has pushed the wealth of individuals up, and I don't see a reason why that would change. 3) Retirement funds don't work as "one man buys a stock", so stock price is not a problem. When you pay to retirement fund, you get X amount of pension in retirement. The overall economic situation affects it, but individuals chances of investing doesn't. 4) Also there is a LOT of quality stocks with p/e well below twenty. You just need to look beyond the most trendy ones. Of course those are overpriced. Always.
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