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re: Only the rich benefit from an upward trend in the stock market...
Posted on 12/27/17 at 6:43 pm to Centinel
Posted on 12/27/17 at 6:43 pm to Centinel
Only those with investments - IRAs, mutual funds, 529's, stocks, etc. Seems most references cite 45-50% of Americans have investments.
I'm interested to read about any tangible evidence that the stock market upward trend has led to higher wages, better job/career opportunities, promotions, etc.
I'm interested to read about any tangible evidence that the stock market upward trend has led to higher wages, better job/career opportunities, promotions, etc.
1
Posted on 12/27/17 at 6:46 pm to HC87
So 45-50% of Americans increasing their wealth/livelihoods isn’t enough?
Posted on 12/27/17 at 6:49 pm to Ingloriousbastard
quote:
So 45-50% of Americans increasing their wealth/livelihoods isn’t enough?
Who said it was not a good thing for those individuals? Just the facts, those with investments are obviously benefiting. Those w/o....guess they don't or you can explain how they do?
Posted on 12/27/17 at 6:58 pm to HC87
People having more money spend more, boosting the economy, and creating more jobs..
People having more money opens up opportunities to create new businesses, hence more jobs...
Businesses issuing stock can use the funds received from a boosted market to pay employees or reinvest in the company...
Also, you can’t blame the wealthy just because people don’t have 401Ks. Many people choose not to participate in them.
People having more money opens up opportunities to create new businesses, hence more jobs...
Businesses issuing stock can use the funds received from a boosted market to pay employees or reinvest in the company...
Also, you can’t blame the wealthy just because people don’t have 401Ks. Many people choose not to participate in them.
This post was edited on 12/27/17 at 7:05 pm
Posted on 12/27/17 at 7:06 pm to HC87
quote:
Who said it was not a good thing for those individuals? Just the facts, those with investments are obviously benefiting. Those w/o....guess they don't or you can explain how they do?
Those of us with investments are not burning the money in a fireplace, if retired and living off of investments the money is used to pay for goods and services, and when the markets are doing well more money is spent. In my case because of more money being available it seems like a good time to make some home repairs and improvements. Some carpenters, painters, plumbers, and building material suppliers will be getting business that would not have occurred had the markets remained flat or declined.
Posted on 12/27/17 at 7:06 pm to Centinel
False. But it does benefit the 'rich' far more than the poor or middle class.. for obvious reasons.
Healthy economy is good for everyone
Healthy economy is good for everyone
Posted on 12/27/17 at 7:11 pm to bmy
quote:
But it does benefit the 'rich' far more than the poor or middle class.. for obvious reasons.
But this is a truism that adds nothing to the discussion, IMHO.
quote:
Healthy economy is good for everyone
Not for doom and gloom, Marxist economists.
Posted on 12/27/17 at 7:14 pm to Ace Midnight
False. Roughly 50% of Americans have money in the market. Even those don’t still benefit in an indirect way.
Posted on 12/27/17 at 9:48 pm to Ingloriousbastard
quote:
Also, you can’t blame the wealthy just because people don’t have 401Ks.
Who is blaming the wealthy? Not blaming anyone. Simple facts IRT who is in the stock market and who is not.
Let me know what these high-paying, new jobs are that have been created this year in this market.... And about all these raises given to the employees...
IF they were so abundant, team DT would be boasting about them.
Posted on 12/27/17 at 9:49 pm to Centinel
Very false.
Anyone with a 401K benefits.
Anyone with a 401K benefits.
Posted on 12/27/17 at 9:50 pm to gthog61
quote:
gthog61
quote:
I'm not "rich". I benefit.
close thread
Dilly dilly!
Posted on 12/27/17 at 10:08 pm to HC87
Several very large companies have announced bonuses and raises after the tax cut passed. Did you not know that?
Posted on 12/27/17 at 10:58 pm to HC87
Multiple companies gave out bonuses and raises last week...
“High-paying, new jobs”-please define what you mean by that. You ignored the rest of my post, which described how many jobs are created by the market’s gains. Surely you can agree that having a job is better than no job at all?
“High-paying, new jobs”-please define what you mean by that. You ignored the rest of my post, which described how many jobs are created by the market’s gains. Surely you can agree that having a job is better than no job at all?
This post was edited on 12/27/17 at 11:01 pm
Posted on 12/27/17 at 11:18 pm to Bunyan
quote:
False
Posted on 12/27/17 at 11:32 pm to Centinel
False. Anyone that invest in the market wins.
Posted on 12/27/17 at 11:39 pm to Centinel
Who cares? Only landlords benefit from rental increases.
Etc etc etc
Poor non working people benefit from very little economic trends
Etc etc etc
Poor non working people benefit from very little economic trends
Posted on 12/27/17 at 11:43 pm to Centinel
Might be time for people to stop milking welfare, get a job, have a family, raise Thier kids and invest money for profit.
Posted on 12/28/17 at 5:49 am to Centinel
Considering that most unions and many living in mostly liberal areas have Pensions, this run up has immensely helped Pensions across the board cover shortfalls caused by years of under funding and unrealistic return expectations.
Pensioneers should be celebrating this.
Pensioneers should be celebrating this.
Posted on 12/28/17 at 5:50 am to Centinel
High tides, bro
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