The average consumer doesn’t have the assets the readers of this blog have. Most here are not worried, it the younger crowd growing a family and paying exorbitant child care fees worry about the rise in prices this year, now exacerbated by the war the US started in Iran
That account is a one time $1,000 seed deposit, but if you do not have the money after that, it does not guarantee a healthy and wealthy retirement fund. Many experts say you would be better off with a 529 plan. But again, you have to have the money to invest
You are half right. Most CANNOT save. Bit you are dead wrong. Most DO NOT prefer government programs. Some may, but not most. Ever hear of the working poor? According to reports, up to 51% of households are struggling to cover basic expenses.
Lots of things are different. Those who are considered high income earners have to pay close to $3,000 a month for daycare in many states. Mortgage payments and home prices are so much higher now, relatively speaking. Jobs are being lost at a rapid pace now. The top 10% are doing very well, but those in the middle are struggling.
Maybe she means the huge salaries paid to the top executives compared to what their employees make. Maybe the huge tax breaks they get compared to the average citizen. Also, the increasing revenues and profits you mention that help investors retire go mostly to the top 10%. That doesn’t help the others as much: ‘The top 10% of American households own approximately 87% to 93% of all U.S. stock market wealth, according to recent data. This high level of concentration has increased, with the top 1% alone holding over half of all shares, while the bottom 50% of households own roughly 1% of the total market.‘ yahoo finance
As you said, you are being irrational. These 2 stocks are so insignificant to your portfolio, why waste a minute of time thinking about them? I own ETFs, but have a handful of stocks that I’ve owned for a long time, Google, Amazon, Netflix, Visa, Berkshire and some others. The gains are so great that selling them would generate a big tax problem. My kids will inherit them and get the step up in basis.
Comments
The average consumer doesn’t have the assets the readers of this blog have. Most here are not worried, it the younger crowd growing a family and paying exorbitant child care fees worry about the rise in prices this year, now exacerbated by the war the US started in Iran
Post: Any concern?
Link to comment from March 28, 2026
Regardless of the inflation %, prices are higher for food, gas, rent and other things this year
Post: Any concern?
Link to comment from March 28, 2026
Many are spending every cent because they do not get paid enough.
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
That account is a one time $1,000 seed deposit, but if you do not have the money after that, it does not guarantee a healthy and wealthy retirement fund. Many experts say you would be better off with a 529 plan. But again, you have to have the money to invest
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
You are half right. Most CANNOT save. Bit you are dead wrong. Most DO NOT prefer government programs. Some may, but not most. Ever hear of the working poor? According to reports, up to 51% of households are struggling to cover basic expenses.
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
In many states that is barely above the poverty level when rents are over $2500 a month
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
Lots of things are different. Those who are considered high income earners have to pay close to $3,000 a month for daycare in many states. Mortgage payments and home prices are so much higher now, relatively speaking. Jobs are being lost at a rapid pace now. The top 10% are doing very well, but those in the middle are struggling.
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
Maybe because they need the money to live on.
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
Maybe she means the huge salaries paid to the top executives compared to what their employees make. Maybe the huge tax breaks they get compared to the average citizen. Also, the increasing revenues and profits you mention that help investors retire go mostly to the top 10%. That doesn’t help the others as much: ‘The top 10% of American households own approximately 87% to 93% of all U.S. stock market wealth, according to recent data. This high level of concentration has increased, with the top 1% alone holding over half of all shares, while the bottom 50% of households own roughly 1% of the total market.‘ yahoo finance
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 21, 2026
As you said, you are being irrational. These 2 stocks are so insignificant to your portfolio, why waste a minute of time thinking about them? I own ETFs, but have a handful of stocks that I’ve owned for a long time, Google, Amazon, Netflix, Visa, Berkshire and some others. The gains are so great that selling them would generate a big tax problem. My kids will inherit them and get the step up in basis.
Post: A Very Sensible Conclusion
Link to comment from February 21, 2026