- Joined
- Jul 3, 2021
‘I don’t trust banks and some companies are cutting back on benefits, therefore I’m not going to save at all and get a job that has no benefits.’Aside from lack of education, why would they save when they have no faith in investment institutions and social security?
They cut back on benefits every year and some industries will not want to hire you past a certain age unless you are a high level manager.
Not sure what's going to some of all this, though.
I find that ‘I don’t invest because …’ is usually copium from someone who doesn’t handle money well and doesn’t have anything left at the end of the month to invest with. You can always buy gold and stuff money in a mattress if you’re really so scared about ‘investment institutions’ that have been around for hundreds of years failing.