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re: Just increased my 401k percentage

Posted on 5/25/22 at 7:53 am to
Posted by FinleyStreet
Member since Aug 2011
8000 posts
Posted on 5/25/22 at 7:53 am to
quote:

most on this board who are regulars are in the top 10%


There is no way you can objectively know that.

quote:

This is THE fricking MONEY BOARD man not some reddit trash


It's the internet. It's pretty much all the same bullshite at this point. It's just dressed up differently depending on your political leanings.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
93718 posts
Posted on 5/25/22 at 8:05 am to
quote:

There is no way you can objectively know that.



we have some big wigs here and nothing they have posted was not possible. again you have not paid attention who the regulars were/are then if you do not know by now.

This board is an anomaly and always has been. You sound mad because you are not in that group. You are not a regular. why sweat it?

quote:

It's pretty much all the same bullshite at this point.


yup. you sound mad again. this board is a great board for moneymakers to talk. if you do not like it why are you here? you must be a reddit poster.

This post was edited on 5/25/22 at 8:07 am
Posted by minister of truth
Somewhere new for 6-12 months
Member since May 2022
1946 posts
Posted on 5/25/22 at 8:15 am to
hope you have started a solo 401k or at least looked into it!
Posted by FinleyStreet
Member since Aug 2011
8000 posts
Posted on 5/25/22 at 8:38 am to
Fair enough. I don't post here much, that's true. I do read the posts here a good bit, though. I am always open to good/sound financial advice and am a numbers-oriented person.

Just curious, how did you quantify the 10% number you used in your earlier post?
Posted by LSUtiger89
Baton Rouge
Member since Dec 2007
4773 posts
Posted on 5/25/22 at 10:27 am to
I know what everyone says they are at here. But I don’t believe all of them. You obviously shouldn’t either is my point.
Posted by meansonny
ATL
Member since Sep 2012
27438 posts
Posted on 5/25/22 at 10:36 am to
I think the semantics is over his usage of "regulars".

That is a small sample and subjective on top of that (it could be similar to scrolling a generic UGA message board but clicking comments/topics with a select few posters that generally bring the goods).

I dont know about the 10% thing.
But i would say that the regulars here keep score. I have a spreadsheet tracking my compensation and income. A spreadsheet tracking all of my assets. A spreadsheet tracking retirement and investments.

I would be bold enough to say that the regulars here "keep score" and if their income (or assets) are not in the top 10% today, they probably have a good enough head on their shoulders to get there.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 5/25/22 at 7:12 pm to
quote:

top 20% of household incomes


quote:

incomes


Wealth building and incomes...related? Yes

But no where near 100%.

Incomes do not equal wealth

Quite the opposite for too many, no matter how shiny their lives appear to be.
Posted by bod312
Member since Jul 2015
846 posts
Posted on 5/25/22 at 7:19 pm to
quote:


Wealth building and incomes...related? Yes

But no where near 100%.

Incomes do not equal wealth

Quite the opposite for too many, no matter how shiny their lives appear to be.


Agree with all of your points but I was not talking about wealth at all, only income. My response was to a posts only talking about incomes as well. I do think that the higher income you make the higher probability that you explore a message board directed towards personal finances and investing.
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