Originally Posted by
American Man
The classic American Dream has been dead for decades.
It's not dead yet, but Democrats are doing their level best to kill it.
Originally Posted by
American Man
Once upon a time, a man with a high school education could work 40 hrs and support a family, buy a decent house, and drive a decent car.
He still can.
Originally Posted by
American Man
Back then, wealth was distributed more fairly.
Back then, government didn't steal nearly as much of it for themselves.
Originally Posted by
American Man
Now, wealth is balanced towards the upper class and the working class is left suffering;
There is no 'working class'. You are quoting Karl Marx again.
Originally Posted by
American Man
two adults need to work full-time just to support one household,
No, they don't.
Originally Posted by
American Man
while CEOs make more now than they ever have. Free-market capitalism has gutted America.
It can't. Anyone that wants to provide a service or product voluntarily to sell to others voluntarily can do so.
Originally Posted by
American Man
But there are ways that we working class people
There is no 'working class'.
Originally Posted by
American Man
can reclaim some of the wealth we helped create.
It isn't yours to reclaim. You are talking about theft of wealth.
Originally Posted by
American Man
Personally, I invest 100% of my 401k in S&P500 index funds. I also max out my IRA, also 100% invested in SP500 index funds. The SP500 realizes an annual avg. of 10.5%, which means I'll be worth at least $2.5 million by retirement age.
Lousy investments these days.
Originally Posted by
American Man
(And we learned in 2008 that the SP500 is "too big to fail," so it's the safest bet in the stock market. If it fails, it means the entire US economy has failed, and at that point, no investment would have saved me.) In the near future, I plan on opening a taxable brokerage account to invest in more SP500 index funds with any extra cash I have beyond retirement investments.
The government can't save it.
Originally Posted by
American Man
The point is that we need to be proactive in reclaiming the wealth we created.
Theft is theft, dude.
Originally Posted by
American Man
Aggeessive investing is the only way to reclaim a piece of the money pie that we rightfully deserve.
Money is not wealth. Examples: Yen, Rubles, dollars, etc. Fiat money has NO inherent value at all.
Originally Posted by
American Man
Depending on politicans to magically fix the system -- to "make America great again" or whatever -- is a pipe dream that they use to gain votes.
Nope. It was happening until Democrats destroyed it.
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