Personal Finance
Yesterday
843
What can you buy with 5M
Tech Industry
5h
640
Jealousy witnessing my same-sex crush get married. Yes I work at Nvidia but I have nothing else.
Tech Industry
Yesterday
582
Liberals ruin everything
Personal Finance
Yesterday
996
NRI in late 30s and low nw. whats your gameplan
Ask Blinders
Yesterday
1305
Do women prefer coffee dates since they can bail if they don't like the guy OR does it make them think the guy is cheap?
How much are you expecting in your 401k upon retirement
250000$
Congress and Trump are passing $1 Trillion dollar stimulus packages like distributing M&M Candies at Halloween by swiping credit card which is to be paid in the future. First will be social security and medicare; and then the rest will follow. You wouldnt want your money in this market when this happens.
Money wont matter if the US economy has another true Great Depression. As we learned with Covid, supply chains are highly centralized and very fragile. There won't be anything to spend money on. Our lives are entirely dependent on the supply chain - we are all packed into cities with the actual resources across the globe. Might as well invest, or become a prepper. Keeping $$ out of the market is pointless.
Now we are having tax free year. Go Trump. He really cares for the hard working people
no one cares about you. End of story
What does a tax free year mean?
It depends how much the dollar will be worth then. I stopped counting on this nonsense. Trying to square my ducks on my own and not count on this at all
This country is doomed with many actually believe the defunding police shit. I don’t trust 401K
After the future socialist government puts taxes on my 401k, I’m expecting close to zilch.
Given how crazy Mr. Trump is borrowing money. We probably will never see 5% interest rate ever again before we retire. Assets price will get more and more bubble. They will have to borrow more and more. Safe return will be extremely low. So 10 million at least, maybe 20. You won’t have the money, so never retire. This is assuming dollar doesn’t crash. If dollar crashes, good luck every body.
Or you could just Bitcoin to get away from the USD inflation nonsense
It's crazy how the same circumstances btc was created from may happen again