Yeah we’re in a similar boat. I think our healthcare system (or lack of one) is very much designed to keep people working longer and also to work for corporations, rather than striking out on their own.
If it weren’t for healthcare, I’d consider downsizing and retiring right now. But as is, probably going to have to work for another 20 years.
2 million is my number as well. Once my house is paid off and my investments hit 2 mill, it’s gonna be real hard to keep working.
I’ve got a cousin in his 30s who posted on social media today that the reason people are broke today is just because they spend too much. He argued that spending $3 for a bottle of Pepsi is the reason people his age are broke. If they just learned to control their spending, they’d all be rich.
Like, I don’t even know where to start with this guy. How can you look at all these people struggling to find well paying jobs and afford to live - and then blame the problem on a $3 drink? It’s the avocado toast thing all over again, except this dude is young enough to know better.
Is there context I’m missing here?
As of early October, 260 billionaires lived in the state, according to the Forbes billionaires’ list, amassing nearly $2.5tn in wealth. Based on these numbers, the 5% tax would raise some $110bn
If a one time 5% tax on 260 people would raise $110,000,000,000 that alone should be enough to show you how fucked up our system is.
This dude was so talented. If you haven’t a video of him, this is a good one from him at the Emmy’s: https://youtu.be/pKJB_5_2iDA
That line stood out to me too, letting my know this lady is completely full of shit. No one lived through 2020 and called it “steady”. She voted for other people’s suffering and is trying to claim it was about anything but.
I understand that welding takes skill. But I’m more wondering why I’ve personally talked to several parents/grandparents with kids about to graduate highschool with poor grades - and nearly everyone of those people has said that college isn’t the right choice for their kid, so they’re going to go into the trades and become a welder.
So far, none of the kids I’m referring to have actually become a welder. Are those family members saying their kid is going to become a welder because of the skill involved at the highest level of the craft? Is welding the blue collar equivalent of becoming an artist?
I’ve noticed that when people talk about not needing a college degree, they always mention welding. I’ve personally never met a welder, but it seems they’re the gold standard of blue collar work. Why is that?
You’re gonna have to check your math, homie. $1,000 a day is $365,000 a year. With $2,000,000 in the bank, you’d need a return of 18.25%. That’s not a high interest savings account. That’s investing heavily in risky stocks and getting lucky every time for the rest of your life.