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Stock Investing


rickyt31

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1 hour ago, El Ramster said:

It’s crazy. How 75% of people I know can’t do this. They’re living paycheck to paycheck... Breaks my heart. You could give them the plan and they’ll never make it... The main reason I’ve seen is that they over spend. They’ll rather shop, eat outside or buy a new car they can’t afford. They’ll rather look successful than actually be successful. Then you have those single parents who are fighting tooth and nail to stay afloat. 

If nothing else, you'd figure that a good portion of those would be educated enough or disciplined enough to know that by not maxing out the employer match, you're literally leaving money on the table and losing it.

The status chasing is a reality, and it's unfortunate.

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1 hour ago, El Ramster said:

It’s crazy. How 75% of people I know can’t do this. They’re living paycheck to paycheck... Breaks my heart. You could give them the plan and they’ll never make it... The main reason I’ve seen is that they over spend. They’ll rather shop, eat outside or buy a new car they can’t afford. They’ll rather look successful than actually be successful. Then you have those single parents who are fighting tooth and nail to stay afloat. 

Exactly. It's one thing to provide budgeting and financial advice, quite another to be able to have the liquid funds to pull it off. I've spent my entire life in the service industry and the old idiom that "it's more expensive to be poor," is sadly true. Most people have to take emergency credit or payday loans for any sort of emergency, if they even can. Sad that wages in this country are so low and stagnant that the working class can't even afford to budget in a responsible manner, let alone begin investing.

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