Contents Prologue ......................................................................................................... i Watershed Moments — Why T hey Matte r ................................ . i Mee t Yo ur G uides ................................................................................. iii Is This Book f or Me? ............................................................................ v The Long Game ........................................................................................... 1 A New(ish) Phenomenon .................................................................. 1 Preparing for a Long and Happy Retirement ........................... 2 C omplete vs. Incomplete ................................................................... 3 COV ID and the Long Game ................................................................ 4 Our Commitment To You ................................................................... 5 America’s Response to the C OV ID-19 Pandemic ......................... 7 Spending Spr ee ...................................................................................... 7 If Not Now, When? ................................................................................ 9 Deficit Correcti on Tool s .................................................................. 10 A Marathon, Not a Sprint ................................................................ 13 Long Game Challenge #1: Growth & the Market ...................... 15 A Childhood Passion ......................................................................... 16 A Long Game Look at the Market ................................................ 17 Lessons from History ....................................................................... 17 Winners and Losers .......................................................................... 19 What Comes Next? ............................................................................ 22 Why it H urts So Muc h Wh e n th e Mar ke t C rashes ................ 24 The Impact of Volatility ................................................................... 25
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