Idiot. Make sure you don't slip and fall and never get a chance to use those millions you have. A dose of humility really helps. |
Boy I feel bad for people around you. You seem so miserable. |
| I have a lot of empathy. I’m also aware of what a K shaped economy means and what my family needs to do to be on the right side of the K. |
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Nobody ever promised us a job. Working for a company is fairly new in history.
There is nothing wrong with our lives nowadays. There's so much work out there. It amazes me how people don't recognize how good our lives are even compared to year 2015. |
What will he do with the real estate. Strip it down and hope the parts are worth more than the real estate? If your friend really believes this…it isn’t like a recession where RE bounced back…it never comes back. |
DP. I also own stocks and have enjoyed nice gains over the past few years, but don’t you worry at all about the future of this country? We can’t all just make our living off of stocks; the economy would not work. And it takes all kinds; you would do well to take interest in the workers who make your stocks worth anything. |
Very curious. In what way is my life amazing compared to 2015? |
So tone deaf. $100 invested in VTC isn’t going to replace lost income and benefits of a job. |
Yep. Millions of folks literally don’t have the extra cash flow. It’s like anyone can get rich but not everyone. And we pretend the lowest wage jobs are still temporary stepping stones instead of a way of life for so many people. I’m fully bought into the radical idea that one should be able to support themselves on a single full time minimum wage job. |
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I know it's a terrible thing to say, but for the sake of new and younger investors we need a sustained correction in this market.
Don't blame corporations. Our greed is to blame. There used to be a time when a 7% return was amazing. Heck even a 5% is nothing to looked down upon. Now forget it. People are making assumptions of yearly 10%+ return year after it's not sustainable. Unfortunately this greed doesn't end in finance..we see it everywhere. We want bigger and faster athletes. We want more home runs. We want bigger homes. We want more more more. We will pay a steep price for this greed. |
You realize that you are sowing from misfortune of others, right? Like, the manipulation of stock prices is bullshi% but people like you are the reason its allowed. There is no regulation because a few people benefit. That proverb by the way is supposed to be about hope and perseverance. Its perverse to use it to explain how the poor or unemployed should use the money they dont have to be the smallest players in a government-sponsored Ponzi scheme. |
The greed is driven by fear. No one wants to be the ones left behind in a game that increasingly results in winner-take-all, so they do their best to be the ones at the top of the K. |
Mixed feelings? I think it's disgusting. My feelings aren't mixed at all. |
No? The world is always changing, which means that there are always new opportunities. |
| Hay, posters who love the stock market gains without nuance: You’ll feel differently when your kid graduates college and there are NO JOBS. It sucks. But let me guess: your kid will be different. |