Many young people shouldn’t save for retirement, says research based on a Nobel Prize–winning theory

Discussion in 'Economics' started by ph1l, Oct 6, 2022.

  1. SunTrader

    SunTrader

    Whatever floats your boat, but no I've always been SunTrader and the thrills for me never stop - free or otherwise.

    Note I am not the only one here that doesn't care for lazy uncapitalized sentences. Twice this week alone I saw it mentioned in other topics. But what do we know? Asked rhetorically of course.
     
    #31     Oct 7, 2022
  2. one day, SunTrader, you’ll maybe meet a hot-blooded Nikita to show you the world and the thrills of grammar on ET may be less thrilling. Until then, happy editing.

    (posted from my auto-correcting phone)
     
    #32     Oct 7, 2022
  3. Garbage article.

    It almost like it was written for the POV of someone who hates the idea of any sort of financial independence, security or personal responsibility.

    I swear there are groups of people in the media and academia that want people broke, stupid and emotionally crippled.
    Much better advice in a few seconds here:
     
    #33     Oct 7, 2022
  4. They have a name and have been described in detail; they are Ellsworth Toohey
     
    #34     Oct 7, 2022
    countryBoy641 likes this.
  5. savoir

    savoir

    Trading attracts a lot of greedy types. This forum is just a reflection of that. It’s interesting to observe.

    I didn’t mention health but yes I agree with you on that. Good points.
     
    #35     Oct 7, 2022
  6. TrAndy2022

    TrAndy2022

    Cannot stand this theory. There is a saying, let the money work for you or you will work for the money lifetime (until the end). And in many other countries worldwide it is common that there are complete debt defaults, where they have to declare bankruptcy. In such an environment not to save and invest what you can until you are safe could be desastrous for one.
     
    Last edited: Oct 13, 2022
    #36     Oct 13, 2022
  7. bookish

    bookish

    If you save much if a retirement, they will steal it. Repeated first hand experience.
     
    #37     Oct 14, 2022
    murray t turtle likes this.
  8. deaddog

    deaddog

    Who is "THEY"?
     
    #38     Oct 14, 2022
  9. %%
    THAT's why they lawgivers planned the Roth+ back door Roth\ avoids taxation like theft.
    Thieves like cash coins guns + jewelry also, so i believe in some insurance................................................................................................
    I saw a rat eating@ my bird feeder; sorry i missed him but he did hear from me + my Marlin microgroove . 22 rimfire:D:D
    A mouse near my house/ was not quick enough +i blasted that thief with .357 ratshot. One lady who hunted antelope said ''good shot anyway :caution::caution:''
     
    #39     Oct 14, 2022