Posted on 08/20/2018 8:31:50 AM PDT by SeekAndFind
Not only 401K’s and IRA’s, but this should take the edge off the crisis in pension obligations. They are dangerously underfunded still, but it helps.
‘course getting the politically connected to stop skimming off the top wouldn’t hurt either.
They will lose it all in the coming weeks.
My four kids have all gotten new jobs in the last three months.
(well, there have and one has a second interview today. He is drug free and wants to be a trucker. He has his CDL so he should be able to get employed in a heartbeat.)
As in the past, I’ve made sure to counsel them all to sock away as much as possible now when they are young and single. It will be easier to do the same later and they will also be able to trim down the contribution if necessary.
Mine is strong and between it and some other investments (old 401K and an inheritance) I’m relatively confident of a decent retirement.
I’m heading there but have no doubt when I collect - long after Trump is out of office - it will be worth the price of a Love Drug Store coupon.
And, many of them are blue collar workers.
My s & p account hasn’t jumped that much. Waiting for that shove.
That’s great...
MY retirement is either working till i’m dead, Retiring to 3 hot’s and a cot in upstate Vermont or some other 99% white state or living under a bridge.
joy...
Mine’s doing very well indeed, but not quite that well. A 401(K) should be only one part of an investment strategy. Diversify, move slower, move safer.
Why?
Hang in there and take care of yourself.
If your account has not increased since Dow 18,000 when Trump took over you might want to reconsider your investments.
S & P was at 2271 and is now at 2850.
I bought S&P when it was <$2000 and have added ever since. You get a lot of diversity with 500 stocks. SPY is the symbol
MY retirement is either working till im dead, Retiring to 3 hots and a cot in upstate Vermont or some other 99% white state or living under a bridge.
\
..
Two words:
Buy lottery tickets.
Thank you.
Always Be Prepared.
Two words?
However, the top 10 stocks account for 21.8% of the value of SPY. They also account for most of the increase over the last several years. Six of them are tech stocks, and the seventh, Berkshire Hathaway, has a lot of Apple stock itself.
“They will lose it all in the coming weeks.”
You dorks have been saying that since Trump got elected.
“Two words:
Buy lottery tickets.”
uh, That’s three words...
:)
Yea been buying lottery tickets lately.
couple of bucks now and then
Winning the lottery seems like the only way out.
It often seems like the lottery is the only thing my co-workers ever talk about.
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