Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
Wow, that was great your dad did all that to help you learn! My wife isn’t much into it, but she at least knows it’s a good thing. When I met her, she was basically broke and had trashed credit and got her car repo-ed. It turned out she had some underlying mental health things exacerbated by 2 significant deaths in the family, so after getting her back on track with that, I helped her get her finances back in order, and then she was able to go back to school and is now doing better than I am! 😅
There are all kinds of investments really. I funded her a secured credit card and supported her while she was recovering and while she was in school and interning, cosigned so she could get a reliable car for all that, and now her credit score is over 800, she got her own new car and gave me her 3 year old one I helped her get, and she’s putting a good amount into her retirement savings and pays for all our travel and dining. It’s not a luxurious life, but it’s more than enough. A lot of people probably would have seen that as a risky investment!
I’ve been here for 3 years and mainly just talk owls and wildlife rehab, but I was curious what the OPs article was about and wanted to give people a brief overview since I know many respond just to the headline and I wanted to show it wasn’t all that sinister. I was just talking to someone else here this morning I kind of feel alienated from just about all political movements, but I acknowledge I live in a capitalist society, so that’s the game I’m stuck in right now, so I’m going to play that to the best of my abilities. I don’t have to cherish it, but it’s the hand I’ve drawn. Complaining nets me nothing. Making the most of what I do have, in a way I feel is moral, is the best I can do. I’ve got to look out for myself and my wife because no one else will if things ever go bad. If all my educational and helpful posts haven’t convinced people I’m at least a smidge on the decent side, nothing is going to convince them. I’m just here to chat with people, not convert them to some belief system.
Wow, that was great your dad did all that to help you learn! My wife isn’t much into it, but she at least knows it’s a good thing. When I met her, she was basically broke and had trashed credit and got her car repo-ed. It turned out she had some underlying mental health things exacerbated by 2 significant deaths in the family, so after getting her back on track with that, I helped her get her finances back in order, and then she was able to go back to school and is now doing better than I am! 😅
There are all kinds of investments really. I funded her a secured credit card and supported her while she was recovering and while she was in school and interning, cosigned so she could get a reliable car for all that, and now her credit score is over 800, she got her own new car and gave me her 3 year old one I helped her get, and she’s putting a good amount into her retirement savings and pays for all our travel and dining. It’s not a luxurious life, but it’s more than enough. A lot of people probably would have seen that as a risky investment!
I’ve been here for 3 years and mainly just talk owls and wildlife rehab, but I was curious what the OPs article was about and wanted to give people a brief overview since I know many respond just to the headline and I wanted to show it wasn’t all that sinister. I was just talking to someone else here this morning I kind of feel alienated from just about all political movements, but I acknowledge I live in a capitalist society, so that’s the game I’m stuck in right now, so I’m going to play that to the best of my abilities. I don’t have to cherish it, but it’s the hand I’ve drawn. Complaining nets me nothing. Making the most of what I do have, in a way I feel is moral, is the best I can do. I’ve got to look out for myself and my wife because no one else will if things ever go bad. If all my educational and helpful posts haven’t convinced people I’m at least a smidge on the decent side, nothing is going to convince them. I’m just here to chat with people, not convert them to some belief system.