For all the "wisdom" dispensed on Medium about the looming crash of the stock market, there's one basic fact that seems to always be ignored: The wild machinations of fickle investors don't alter the fundamental soundness of our economic underpinnings.

So while the newest crypto might swing wildly up or down, and while Tesla stock might soar to unimaginable heights and while some random large investor or anarchic collaboration might buy or sell some stock (or collection of stocks) into a momentary high or low, the actual economic engine upon which all of this flotsam and jetsam floats and bobs continues flowing strong and unabated.

My investment strategy is and has been to ride this current, rather than try to predict and capitalize on the whimsy of fickle investors.

I'm aware that most of you despise me because I'm a middle-aged man with a decent amount of wealth. I'm aware that you'd probably be thrilled to see my life's accumulation of retirement savings evaporate in a moment -- as some sort of punishment for what you doubtless see as my responsibility for your economic misfortune. And so I take all these predictions about the end of the economic world as a sort of dark wishful thinking. But I just have to wonder how many more times the falling of the sky will be predicted before the prognosticators thereof are finally regarded as the purveyors of dimly-informed speculation that they really are.

Thanks for your dire warning, but I'm going to go ahead and leave my retirement in the market index funds that have served me so well for decades. These are diverse and established businesses that might not give me the meteoric rise in value of a Gamestop spree or a crypto craze, but neither are they going to go away any time soon -- regardless of the waves that might be introduced to the market by the forces of irrational excitement. And they have the added benefit of carrying almost nothing in the way of parasitic fees, because they aren't being managed by some mega-millionaire fund manager. If you're young and have any interest at all in being similarly wealthy by the time you're my age -- and similarly reviled by future generations of young and poor economic doomsayers -- I would suggest doing the same.