How the fuck are you supposed to save these days when the government is wiping out the middle class?
you invest in real estate, they over write loans and plummet the market.
you invest in savings, print more money and inflate the shit out of you until your savings arent worth half of what they used to.
i also do not trust any of my money in ANY government program.
remember soon there is going to be a HUGE amount of baby boomers that most of them lost almost all their retirement in stocks plummeting and in the housing crash. who is going to pay for these peoples health care and social security? where is that money going to come from? the younger generation is.
i guarantee you the government is going to pass somekind of sweeping major tax (even though there already is) on all 401k/rrsp plans in their perspective countries.
i am investing my money in my business. in the now. unless you get yourself out of the middle class and into the social elite nothing you earn is ever safe anymore. tucking it away imo is not good thinking. you are better off to take risks. this recession has just started and we will be paying for it for the next 100 years.
if you have another 10-15 years to live than you probably care less. but these are different times we live in.
the government can and will find a way to grease your funds if you do not have the money and power to stop them.
i do not trust government to pave my street properly the last thing i am doing is investing it in any of their programs. that is including the shady banking industry.
the only plan i have for the future is a constant ass fucking by people we "elected" to protect us. and i dont plan on being apart of that plan for to much longer. no matter what i have to do.
everyone gets raped every 10-15 years these days like clockwork may as well take the risk when you can.
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