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re: Does the middle class not invest?

Posted on 7/19/20 at 2:33 pm to
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 7/19/20 at 2:33 pm to
This is the OT, everyone invest and has 6 figure portfolios..... They also all make 6 figures, have 800 credit scores, pay for vehicles in cash, has an average of 28 on their ACT, and could have played college athletics but passed for school
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/19/20 at 2:34 pm to
Damn. 4/6.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 7/19/20 at 10:28 pm to
quote:

This is the OT, everyone invest and has 6 figure portfolios..... They also all make 6 figures, have 800 credit scores, pay for vehicles in cash, has an average of 28 on their ACT, and could have played college athletics but passed for school


I guess you meant this as sarcasm, but in my age group, over 60, most of the people I know have low 6 figure household incomes just from working jobs like sales, nursing, teaching, etc, 6 figures in a portfolio is a given if you are close to retiring, having 7 figures is not even rare nor is a 800+ credit score, and paying cash for vehicles.
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