Data_Male

I was reading the Bridge Michigan article titled "College Grads: We left Michigan for jobs. Moved here for family, nature" and found the first two stories referenced and two data points particularly interesting.

Tl;dr, the two younger people in the story are leaving Michigan ostensibly for jobs, however both mentioned feeling that Michigan is "not open to young people's ideas" or not liking Midwest. While both had jobs lined up in other states, they seemed to also not want a job in Michigan even if one were available/ they already had one. The two data points in the article backed up their anecdotes:

1. 55% of MI voters aged 18-29 said they don't think they'll be in Michigan ten years f

The standard recommendation for passive investing in one's 401K/IRA is to start out with most of your money (typically 80-100%) in broad market stock funds and then gradually shift to bond funds or other less risky investments over time, eventually ending with 50-70% in bonds. Obviously, the exact allocation depends on one's risk tolerance, but that is the standard advice I've heard and seen practiced in many target-date funds.

My question is this: Why not go all-in on equities or at least a higher equity allocation until you're about 10 years out from retirement? If you don't need the money for at least a decade, why not capitalize on the higher potential returns?

I back-tested this asser

I get it, Keffals is a clout-chasing, bad-faith liar.

But isn't KiwiFarms a site that exists solely for doxxing people? Isn't it probably a good thing if it gets taken down? Can someone please ELI5?