Average Person is the Richest Ever as of 4PM today

[Anonymous]

Yes, without the performance of the stock market over the years, I'd be screwed. I haven't received a raise of more than a 2-3% in 7 years I think and last year was 0%....and each year my medical insurance premiums go up, my regular insurance goes up...basically cost of living goes up. I feel for those living paycheck to pay check who haven't been able to reap the benefits of the stock market over the years.

[Anonymous]

Anonymous wrote:Yes, without the performance of the stock market over the years, I'd be screwed. I haven't received a raise of more than a 2-3% in 7 years I think and last year was 0%....and each year my medical insurance premiums go up, my regular insurance goes up...basically cost of living goes up. I feel for those living paycheck to pay check who haven't been able to reap the benefits of the stock market over the years.

and PS: Yes, I am the richest I've ever been today. I'm not saying it's very rich per DCUM standards but it's the richest I've ever been.

[Anonymous]

It's all smoke and mirrors, a lot of money business going on about now.

Eat, drink, live it up on your burgers, for tomorrow Trump will still be inflating the prices with his taxes and tariffs.

[Anonymous]

Anonymous wrote:Yes, without the performance of the stock market over the years, I'd be screwed. I haven't received a raise of more than a 2-3% in 7 years I think and last year was 0%....and each year my medical insurance premiums go up, my regular insurance goes up...basically cost of living goes up. I feel for those living paycheck to pay check who haven't been able to reap the benefits of the stock market over the years.

Same here, I’ve been promoted 3 times since joining this company pre covid but I’m more or less breaking even with my on hire income if you factor inflation. Stock market is the only thing going well for me

[Anonymous]

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Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

[Anonymous]

Anonymous wrote:It's all smoke and mirrors, a lot of money business going on about now.

Eat, drink, live it up on your burgers, for tomorrow Trump will still be inflating the prices with his taxes and tariffs.

Someone needs to Google up inflation rates per year.

[Anonymous]

I got a 1% raise and my take home after deductions is still lower than the prior year because of inflation on premiums.

[Anonymous]

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Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

[Anonymous]

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Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

Yet most of those workers don’t save anywhere near the max, even with the match.

[Anonymous]

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Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

Yet most of those workers don’t save anywhere near the max, even with the match.

They don’t have to. If they start immediately, even a modest amount plus the match will make a big difference later on.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

Yet most of those workers don’t save anywhere near the max, even with the match.

They don’t have to. If they start immediately, even a modest amount plus the match will make a big difference later on.

What planet are you on that you think McDonalds workers can afford to tuck away 5% of their $15/hour salary and still have enough left over for rent, food, etc.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

Yet most of those workers don’t save anywhere near the max, even with the match.

They don’t have to. If they start immediately, even a modest amount plus the match will make a big difference later on.

What planet are you on that you think McDonalds workers can afford to tuck away 5% of their $15/hour salary and still have enough left over for rent, food, etc.

I’m on planet “$100 a month” starting asap.

[Anonymous]

Thanks Trump!!

Everybody is so rich Democrats no longer attack millionaires. Too many millionaire votes


You have to be a billionaire for them to hate you .

Trump rules!!

[Anonymous]

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Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

Yet most of those workers don’t save anywhere near the max, even with the match.

They don’t have to. If they start immediately, even a modest amount plus the match will make a big difference later on.

What planet are you on that you think McDonalds workers can afford to tuck away 5% of their $15/hour salary and still have enough left over for rent, food, etc.

I’m on planet “$100 a month” starting asap.

Yeah…and those workers don’t have $100/month. Like 40% of the population doesn’t have $500 saved for an emergency.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What a strange post. To this day, 38% of all Americans don't own a single stock, like another 20% - 30% only own stocks through their 401k (and no...they aren't maxxing out their 401ks).

So...are you going to go to McDonalds and buy someone a burger?

No what's strange is the inability to be happy for someone else.

No what’s strange is dipshits like you don’t know that over 50% of the US population gets nothing or close to nothing from stocks.

According to a Gallup report last year, 62% of Americans own stock. Among those 50 t0 64, it is 72%.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

Again...here are the facts which support why many people don't care what the stock market does at all because they benefit either 0% or very minimally

- 38% of all people own no stocks at all
- Top 10% of the wealthiest own 87% of the stock market
- Bottom 50% of the population owns 1% of the stock market
- Of the 62% who own stock, most own stock through their 401k. The Median 401k balance for someone aged 55-64 is $95,642 (and that is the highest median balance for any age group that is tracked)

Interesting. It seems like owning stock is a good way to improve your finances. Owning cash doesn't make money.

Understand...the 38% who own no stocks have like a $0 net worth as well. It's not like they are making some decision to not own stocks.

Is this 38% of all Americans? Or 38% of adult Americans?

Adults

Sounds like the time for education has begun. With the passage of the Secure Act, those part time McDonald’s employees should absolutely be throwing in a couple of dollars a month into the company 401k.

The match is dollar-for-dollar up to 6% of eligible pay for all mcdonalds employees, the guy serving you a burger is in the market!

Not just McDonald’s. There are job openings near my small midwestern town in an oil refinery. No higher education, entry level jobs where the company match is 8%. The pay isn’t bad either.

Yet most of those workers don’t save anywhere near the max, even with the match.

They don’t have to. If they start immediately, even a modest amount plus the match will make a big difference later on.

What planet are you on that you think McDonalds workers can afford to tuck away 5% of their $15/hour salary and still have enough left over for rent, food, etc.

I’m on planet “$100 a month” starting asap.

Yeah…and those workers don’t have $100/month. Like 40% of the population doesn’t have $500 saved for an emergency.

Disagree. DH and I have decent sized segments of our families in that position. They have no emergency fund but they could have a modest one. They aren’t saving for retirement. But they could throw $100 towards a 401k if they reduced their weed consumption. This is just my anecdotal experience but it’s fairly common where they live.