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Number of 401K millionaires soars in last quarter 2023
- Thread starter odanny
- Start date
- Jan 19, 2010
- 70,375
- 65,924
CA is even worse... and check out the prices in Washington state...Thanks, nothing against AZ, but wow.
WW
- Nov 10, 2019
- 46,305
- 29,331
I do not need a bridge. Dental work is fine. ThanksWhat he was handed was more than “stormy weather.” And if you think Bidem could have handled it better, or even as well, I‘ve got a bridge to sell you.
- Jan 19, 2010
- 70,375
- 65,924
The media and many folks think we are closer to the place economically we were before covid so they think its a win... its not... we are still behind and we should be miles ahead of where we are today...
I believe if Trump were on his second term we would be so far better off than we are... go ahead hate him if you must... but don't be too dumb by half because you don't like the man... he was good at leading the nation and the free world...
I believe if Trump were on his second term we would be so far better off than we are... go ahead hate him if you must... but don't be too dumb by half because you don't like the man... he was good at leading the nation and the free world...
MarathonMike
Diamond Member
- Dec 30, 2014
- 47,319
- 65,631
Good point. The other game Democrats play is with the term "rich". In speeches "rich" means, millionaires, billionaires, anyone making over $400K. But they really mean anyone paying taxes. So when AOC paints "tax the rich" on her ass, she means Joe and Jane taxpayer, not millionaires.Isn't this just the "rich getting richer" scenario that Democrats continue to crow about paying "their fair share?"
MarathonMike
Diamond Member
- Dec 30, 2014
- 47,319
- 65,631
Ok I'll go with Democrat controlled search engines that support exactly what I stated.Yes, go with that, in the thread about the sharp increase in people with 401K balances exceeding a Million Dollar$. Enjoy the polls.
- Jan 19, 2010
- 70,375
- 65,924
Suggesting that some savings accounts are well funded is a sign of a good economy sounds like something the lib media would report... the nation is always better off when people are investing capital not hording it.... doesn't that make sense to you?...Of course you do.
WorldWatcher
Gold Member
- Dec 28, 2010
- 12,487
- 4,647
Suggesting that some savings accounts are well funded is a sign of a good economy sounds like something the lib media would report... the nation is always better off when people are investing capital not hording it.... doesn't that make sense to you?...
Investing in a 401K isn't hording it. Puting the money under a mattress is hording it. In a 401K that money is invested.
Improvement profiles in savings mean few people are living pay-check to pay-check and have extra funds that can be invested.
WW
- Jan 19, 2010
- 70,375
- 65,924
No its not hording per say but it doesn't mean the economy is great which was the threads objective...Investing in a 401K isn't hording it. Puting the money under a mattress is hording it. In a 401K that money is invested.
Improvement profiles in savings mean few people are living pay-check to pay-check and have extra funds that can be invested.
WW
I don't like to settle... I like it when it feels safe to grow my portfolio.... not just stuff money where it seems safe... I bought investment property in 2017 and thought I would have two more properties by now....
- Nov 10, 2019
- 46,305
- 29,331
Not for me personally. But, there is no denying a lot of investing is going on, that too is to our general benefit.Suggesting that some savings accounts are well funded is a sign of a good economy sounds like something the lib media would report... the nation is always better off when people are investing capital not hording it.... doesn't that make sense to you?...
And there's no denying that the majority of Americans are feeling financial pressures, with close to half struggling to make ends meet. That is NOT a good economy, and people tend to vote their pocketbooks.Not for me personally. But, there is no denying a lot of investing is going on, that too is to our general benefit.
So while those of us in the top 15% or so might be doing pretty well, and the bottom 15% on welfare are in the same spot as ever, most people are not. And, to quote Judge Judy…
”don’t pee on my leg and tell me it’s raining.”
odanny
Diamond Member
- May 7, 2017
- 18,316
- 14,650
- Thread starter
- #73
Investing is the opposite of hoarding.Suggesting that some savings accounts are well funded is a sign of a good economy sounds like something the lib media would report... the nation is always better off when people are investing capital not hording it.... doesn't that make sense to you?...
alang1216
Pragmatist
- Jun 21, 2014
- 24,892
- 6,036
Judging by Fox commercials, I suspect they are heavily invested in gold.Truth is, many Trump supporters are doing poorly, or think they are doing poorly (a clear difference, but not in their own minds) and are not part of this 401K growth phase because they are not invested in the market.
So for them, this news is totally irrelevant.
- Jun 23, 2019
- 17,487
- 15,133
Egg companies made record profit getting suckers like you to pay $6 for eggs. Gas too. Seems like you need to be a better shopper.Eggs at all of my local markets are above $6 a dozen... gas is over $4 a gallon... Joe needs to win the entire nation not just your community.... we all know how inexpensive eggs and gas were in 2017...
JLW
Diamond Member
- Sep 16, 2012
- 14,691
- 15,218
I do have to laugh at some of these MAGA posters on this thread. These are some of the same posters who start threads on liberals being socialists. Now here they are sounding more socialistic than any liberal poster on this board.
As I have written many times, MAGAs don't know what the hell they stand for.
As I have written many times, MAGAs don't know what the hell they stand for.
Last edited:
- Jan 19, 2010
- 70,375
- 65,924
Bullshit...Egg companies made record profit getting suckers like you to pay $6 for eggs. Gas too. Seems like you need to be a better shopper.
WorldWatcher
Gold Member
- Dec 28, 2010
- 12,487
- 4,647
Egg companies made record profit getting suckers like you to pay $6 for eggs. Gas too. Seems like you need to be a better shopper.
Bullshit...
Profits of largest U.S. egg producer increased by 718%
After the avian flu outbreak, Cal-Maine earned a net income of $323.2 million — seven times what they earned in last years quarter. Why are eggs so expensive? Will egg prices drop?
WW
- Jan 19, 2010
- 70,375
- 65,924
So after losing money for the flu and covid and lousy shipping costs their profits are up... but that does not mean they are whole.... if I went for three months or three years without making a profit a new report on my growth for this fiscal year means nothing....Profits of largest U.S. egg producer increased by 718%
After the avian flu outbreak, Cal-Maine earned a net income of $323.2 million — seven times what they earned in last years quarter. Why are eggs so expensive? Will egg prices drop?finance.yahoo.com
WW
Grumblenuts
Gold Member
- Oct 16, 2017
- 14,899
- 5,007
Been workin' my fanny to the bone and don't even got a pot to piss in. All I gots to show for it is this lousy 401K.
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