03-14-2020, 01:03 AM
(03-12-2020, 09:27 PM)michaelsean Wrote: Wall Street looking out for your best interests? Who told you that was a thing? It’s never been a thing and that’s not the reason people make money in equities
That was in response to your Don’t look at your 401k comment.
I would say that is what the majority of Americans do. Make uneducated retirement investment decisions because a 401k with only specific funds is supposed to be our primary retirement savings vehicle.
It’s like giving Wall Street most of your life savings and hoping they are looking out for your best interest.
And then when you “don’t look” for two weeks 20% of the shit you have worked your whole like for us gone.
My whole point of the thread was to complain about our broke ass retirement system. We need to strengthen social security.