03-13-2020, 08:56 AM
(03-13-2020, 04:09 AM)Benton Wrote: Well that's a concise answer.
My only other comment would be: 401ks are garbage. It's a waste of money for middle class earners. You'd be better off taking your 6% annual and dropping it on scratchers.
Why? Because the market has no regulation. You're hoping that it continues to grow over the course of your life with no significant downturns. Like those in the 80s, the 00s and now.
I sold off my stocks years ago and bought up supplies of toilet paper. Never spoils and once every pandemic you cash in. Who's laughing now?
Seriously, though, banking your golden years on corporate America doing well is insane. Best bet? Buy dirt, plant a garden and come to terms with the fact that none of us live forever.
Well there's the company match, and the fact that history says you are wrong.
“History teaches that grave threats to liberty often come in times of urgency, when constitutional rights seem too extravagant to endure.”-Thurgood Marshall
![[Image: 4CV0TeR.png]](https://i.imgur.com/4CV0TeR.png)
