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re: Does the middle class not invest?

Posted on 7/19/20 at 9:18 am to
Posted by NoSaint
Member since Jun 2011
11369 posts
Posted on 7/19/20 at 9:18 am to
quote:

always see people talking about the investor class in opposition of the middle class. Well I’m firmly middle class right now and I’ve already got a nice portfolio started because when I first started out in the working world I made sure to dedicate a slice of my income to my required debts, to my required bills, to investing for retirement And savings, and then to anything else that were luxuries.


Two main points:

1) no. Most are paycheck to paycheck with little to no savings.

2) your investments would Likely be laughed at by an investor
Posted by meansonny
ATL
Member since Sep 2012
25999 posts
Posted on 7/19/20 at 9:24 am to
quote:

2) your investments would Likely be laughed at by an investor


I dont think people, in general, are that mean. Everyone started somewhere. And most people will remember that.

A better example would be that a successful financial advisor wouldn't schedule any time in the day to help.
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