This matches this twitter post I saw earlier in the thread:
That's called a ROTH IRA. ROTH means you pay taxes as it goes in, not when it comes out.
If you have a “career” job, you probably have a 401k. It’s not required for you to contribute to it though, but you get income tax breaks if you do.
This feels at the moment like getting a tooth pulled, in the moment it hurts but you'll be better of with that tooth. Also only people who don't have an actual job care about the stock market.
Please either take your medicine or return to r/wallstreetbets
I worked in fast food for about a year. Some places will do benefits like healthcare/401k matching/paying for college but that's only for managers or fulltime staff, they're not going to offer perks to the min wage gruntworkers.
The hand-wringing over the stock market by conservatives is annoying. I have never given a shit about the stock market, it's socially acceptable gambling for people with too much money. If there is somehow a difference between stock "investment" and gambling on cryptocurrency I'd love to be enlightened.
thank you.
You get dividends from certain stocks, which means you actually get a tiny share of whatever profit that company makes.
Our entire economy has been awaiting a massive collapse in 2008 when wall street basically created a housing bubble that burst, leaving them holding the bag. It was only held off because they didn't want it to happen under King Nigger's watch and have no idea how to make it a soft landing that wouldn't be absolutely apocalyptic. The problem is, the only thing they could think of doing -- printing money -- is only making the problem worse every day and will never solve the issue, it only puts it off. The only way out now is to completely reset the currency... which they already wanted to do, so. Never let a good crisis go to waste and all that.
You don't understand @Back me up! ! This will make the line go up! That is INHERENTLY GOOD for the Baby Boomers. That is, by definition, the only good that matters. The line must always go up. The boomers promised themselves they'd retire in comfort and luxury, and the rest of us are REQUIRED to hold good to that promise they made to themselves. Even if they have to make their grandchildren live in 400 square foot apartment complexes next to infinity jeets running around shitting on everything and sexually assaulting any women who don't go outside with armed guards.
Value investments over growth investments. Low P/E ratio. Solid fundamentals, leadership who aren't 'tarded. Industries that don't tend to have big shakeups.
Newsom shouldn't be worried about Republicans. He should be worried about Democrats.
Think he is trying to seem more centrist (more right-wing) in order to cater to voters in 2028 should he try to run for president. We have all seen how the strategy of screaming at Trump and his supporters has gone for Democrats so maybe pretending to tolerate them might go better for one's political ambitions.
May they one day drown in the Ganges of the pajeets they so love.
yeah he's probably getting his name out there early so he's got some favorable recognition (in theory) as he pivots center
There's that saying... "Society grows great when people plant trees whose shade they know they will never sit in."
