You wouldn't say that if you had lost the money. I DID! That "pretend money" was my retirement fund and now I get to work til I drop dead. Lucky me. Maybe you'd like to work to support me?
When it’s tied up in an employer-based 401k or pension plan, (if pensions still exist), you don’t have control over much.
I highly doubt anyone here wants to support companies that do evil.
Every day we invest in companies that don’t have our best interests at heart — Do you investigate the corporate and financial ties associated with every single food brand, restaurant, product, etc that you buy and consume every day? Are you sure all these products, businesses and their suppliers, manufacturers and third party vendors have your self-interest in mind?
With all due respect - no. You have a choice all the way down, all the way along the line. To claim now - "Bro, but bro, its so hard when they make it soo easy"..... is a cop out.
I am sure it varies by location, but you can remove your pension to a private, under your direction, account. If it can't - why are you working there? To each their own, but working somewhere where they will take your money and not give you access to it - means it isn't your money. There is no argument in that is there? You're doing it because it is easier, there is more benefit for you, etc, etc, etc, and, and, and... but
Throughout history, almost without exception, when we are faced with more than 1 option it is between one that we know deep down is right, and one that is expedient/sweet/easy/(whatever pull)..... In exactly 0 cases, is the easiest choice the right one.
We as a society(this is much larger than just this) have allowed ourselves to consistently pick the easy, pick the simple, pick the more stuff, more items, more, more, more, more........ and all of it was a con. As the old saying goes - We traded our gold for their trinkets, our wealth for their paper, and our children's freedom for illusions of safety for us.
Until we all see our role in this there is nothing that can be done.
You and only you are responsible for your actions. To claim that no one wants to support something, while in the very next sentence state that you do so, :
"I highly doubt anyone here wants to support companies that do evil. /// Every day we invest in companies that don’t have our best interests at heart
If that is the case - who forced you to invest there? Where was the gun to your head? There wasn't one. You do what you do, because you wanted to do it.
The rest is just excuses.
I don't think I know enough to control my 401K. I don't know squat about the stock market or finances, etc. I do a Great job on personal home type finances but not investments. Yes I have depended on others that I don't know to investment my retirement funds but back then I didn't even know about the evil of Black Rock!
It has done relatively ok except for this recession and the one in 2007. I should have taken more control after losing so much then but I was very busy trying to make a living, you know, survive. We didn't lose our house like so many.......and it seems now is a little late in the game.
Now you know what it's like to live life like a millennial. We never even had that hope of retirement. I've known since I graduated I'd be working til I dropped dead, just like my grandfather, just like my dad will, just like my mom will, because that's what good poor folk do. Your generation fucked it all up, you don't get to complain about shit
Technically not like a millennial if your grandfather and mom and dad are in the same boat as you.
Because the generation that you’re blaming for fucking it all up, is also your grandfather’s and parents’ generation.
Before you tell people to stop complaining, maybe take a breather and realize that the ones that fucked it up are the elite running the world, not regular hardworking folk - poor, middle class, wealthy or otherwise.
Everyone is a pawn in this game. It’s a big club, and none of us on this board are in it.
Bitcoin fucking sucks. The only people who made real money out of it got in when it was below a $. The fact is its a ponzi scheme with no real value. Elon Musk just sold most of his at a MASSIVE loss.
sucks for Elon~ plenty of us got in when there were only 2 zeroes & are still up 100x during this latest "low". this comment is the mentality of people who are just mad they didnt buy in earlier. you absolutely didnt have to get in below a dollar to make insane money, especially compared to other forms of investing/saving. crypto is not any less absurd than the dollar which is based on literally nothing. except that with crypto your money isnt in the hands of corrupt af banks who could at any point just confiscate your money.
It's all pretend money anyway, created from nothing.
You wouldn't say that if you had lost the money. I DID! That "pretend money" was my retirement fund and now I get to work til I drop dead. Lucky me. Maybe you'd like to work to support me?
I am very sorry that you lost money. I am going to say this and it is going to suck, if you don't hold it, you don't own it.
Welcome to that club. I have exactly $0.00 in retirement money set aside.
There's still time to buy Gamestop, though you might be better off tomorrow after the split dividend, when the price gets cut.
If you invest in firms that make the world shit, I really don't feel bad about you losing money on it.
Why anyone would WANT companies that do evil to do well so they can retire ... seems a bit at odds with your own self-interests.
But hey. Most people don't take their own principles that seriously. Usually makes it hard to retire.
When it’s tied up in an employer-based 401k or pension plan, (if pensions still exist), you don’t have control over much.
I highly doubt anyone here wants to support companies that do evil.
Every day we invest in companies that don’t have our best interests at heart — Do you investigate the corporate and financial ties associated with every single food brand, restaurant, product, etc that you buy and consume every day? Are you sure all these products, businesses and their suppliers, manufacturers and third party vendors have your self-interest in mind?
With all due respect - no. You have a choice all the way down, all the way along the line. To claim now - "Bro, but bro, its so hard when they make it soo easy"..... is a cop out.
I am sure it varies by location, but you can remove your pension to a private, under your direction, account. If it can't - why are you working there? To each their own, but working somewhere where they will take your money and not give you access to it - means it isn't your money. There is no argument in that is there? You're doing it because it is easier, there is more benefit for you, etc, etc, etc, and, and, and... but
Throughout history, almost without exception, when we are faced with more than 1 option it is between one that we know deep down is right, and one that is expedient/sweet/easy/(whatever pull)..... In exactly 0 cases, is the easiest choice the right one.
We as a society(this is much larger than just this) have allowed ourselves to consistently pick the easy, pick the simple, pick the more stuff, more items, more, more, more, more........ and all of it was a con. As the old saying goes - We traded our gold for their trinkets, our wealth for their paper, and our children's freedom for illusions of safety for us.
Until we all see our role in this there is nothing that can be done.
You and only you are responsible for your actions. To claim that no one wants to support something, while in the very next sentence state that you do so, :
If that is the case - who forced you to invest there? Where was the gun to your head? There wasn't one. You do what you do, because you wanted to do it. The rest is just excuses.
I don't think I know enough to control my 401K. I don't know squat about the stock market or finances, etc. I do a Great job on personal home type finances but not investments. Yes I have depended on others that I don't know to investment my retirement funds but back then I didn't even know about the evil of Black Rock!
It has done relatively ok except for this recession and the one in 2007. I should have taken more control after losing so much then but I was very busy trying to make a living, you know, survive. We didn't lose our house like so many.......and it seems now is a little late in the game.
This may be nothing! I'm still researching it. Go to YouTube and search David Lester straight. Watch the Utah videos. If true, no worries.
Buy a few AMC and GME stocks and you’ll be ok
Now you know what it's like to live life like a millennial. We never even had that hope of retirement. I've known since I graduated I'd be working til I dropped dead, just like my grandfather, just like my dad will, just like my mom will, because that's what good poor folk do. Your generation fucked it all up, you don't get to complain about shit
Just like a millennial -- blame everyone but yourself.
Technically not like a millennial if your grandfather and mom and dad are in the same boat as you.
Because the generation that you’re blaming for fucking it all up, is also your grandfather’s and parents’ generation.
Before you tell people to stop complaining, maybe take a breather and realize that the ones that fucked it up are the elite running the world, not regular hardworking folk - poor, middle class, wealthy or otherwise.
Everyone is a pawn in this game. It’s a big club, and none of us on this board are in it.
So do tell, how did I fuck it up?
put your money in crypto!! bitcoin is SUPER low right now and its starting to recover - hop in before then and you can make MASSIVE money back
Bitcoin fucking sucks. The only people who made real money out of it got in when it was below a $. The fact is its a ponzi scheme with no real value. Elon Musk just sold most of his at a MASSIVE loss.
sucks for Elon~ plenty of us got in when there were only 2 zeroes & are still up 100x during this latest "low". this comment is the mentality of people who are just mad they didnt buy in earlier. you absolutely didnt have to get in below a dollar to make insane money, especially compared to other forms of investing/saving. crypto is not any less absurd than the dollar which is based on literally nothing. except that with crypto your money isnt in the hands of corrupt af banks who could at any point just confiscate your money.