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re: My retirement account is up 29.5% YTD - Why is Trump getting impeached???
Posted on 12/19/19 at 7:28 am to tarzana
Posted on 12/19/19 at 7:28 am to tarzana
Are you for real??? If so, how/what molded you to come to this belief?
Haven’t spent much time on the poli board in quite a while so this is a legit question.
Haven’t spent much time on the poli board in quite a while so this is a legit question.
1
Posted on 12/19/19 at 8:06 am to gthog61
The numbers were skewed in 1975 as well. Life has always been hard.
Posted on 12/19/19 at 8:08 am to BLM
quote:He's poor and seething with envy. It boils down to his wanting free shite.
Are you for real??? If so, how/what molded you to come to this belief?
Posted on 12/19/19 at 8:11 am to Jake88
Part of the issue with an OP like this is the fact that the majority of voters that support the left do not pay taxes, nor do they plan for things like retirement. That's what Trump voters are for.
Posted on 12/19/19 at 8:15 am to tarzana
quote:It already is. If you sit on your arse you get a smaller sum. If you do a job millions and millions can do, you get a smaller sum. If you have a rarer skillset or do something unique, you get a larger sum.
Wealth in America should be distributed fairly.
You can still become a millionaire even if you're in a classic middle class job like postal worker, mechanic, electrician, plumber, or manager of some sort. You save money and invest in it. I know people who retired millionaires who were each of the above.
Posted on 12/19/19 at 8:23 am to Jake88
I'm a poor only earned 13%.
Posted on 12/19/19 at 8:25 am to TDsngumbo
Because this is not a monarchy!!!!!!!!!!111
Posted on 12/19/19 at 8:37 am to CXSteve
13% is great regardless of year.
Posted on 12/19/19 at 8:39 am to TDsngumbo
Don't you know you didn't earn that, you bigot?? 
We all know the reason. The "people" doing this don't give a damn about us. They HATE TRUMP, they hate US- and they hate AMERICA enough to willingly make her suffer in order to promote their own political power- which Trump is a direct threat to.
These twisted louts wish for an economic collapse in hopes it would benefit themselves, politically.
And the FOOLS who support them (who likely have zero skin in the game) can't get enough of it.
We all know the reason. The "people" doing this don't give a damn about us. They HATE TRUMP, they hate US- and they hate AMERICA enough to willingly make her suffer in order to promote their own political power- which Trump is a direct threat to.
These twisted louts wish for an economic collapse in hopes it would benefit themselves, politically.
And the FOOLS who support them (who likely have zero skin in the game) can't get enough of it.
Posted on 12/19/19 at 8:47 am to whocares1
quote:
I wasn't making it about "short on retirement money", and was totally speaking of wealth and estate planning. I never stated I, or any other person, was short on cash. This debt bubble will bust, the longer it's blown, the harder it will bust. It will destroy wealth, and depending where you are in your work cycle, it will destroy wealth. The point of my original post is that 29.5% means nothing unless you are cashing out today.
This is especially true with the older demographic selling active holdings to young savers who are buying passive index funds. Once passive assets are over 50%, the nominal value of the passive holdings will rise but 50 years down the road the only thing that matters will be if there's enough liquidity for your assets when you need to sell. That doesn't look likely with the reduction in population that is exepcted in the developed world.
Posted on 12/19/19 at 9:21 am to TDsngumbo
Hopefully you’re near retirement age because by the time I reach retirement age they will be taxing my tax-free retirement accounts if not altogether taking them away
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