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retirement crisis in america
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<blockquote data-quote="Jackburton" data-source="post: 1478321" data-attributes="member: 34538"><p>No, the middle class don't invest because they are to busy trying to be upper class on a middle class budget. The lower class don't have money to invest with in the first place so it's a moot point. The reason majority of rich people get rich is they spend less than they make.</p><p></p><p>Barring folks well below poverty level, most everyone has expendable income or has the ability to make more by working more or getting better jobs. I've been at the very bottom, made bad choices, paid a price to get to where I'm at financially. I'm still in accumulation mode and do what I can to make sure I'm never in that situation again. I choose to give up some things in order to save for later.</p><p></p><p>Life is all about choices, thank god we live in a country that has the most freedom to make them, be it stupid or otherwise.</p></blockquote><p></p>
[QUOTE="Jackburton, post: 1478321, member: 34538"] No, the middle class don't invest because they are to busy trying to be upper class on a middle class budget. The lower class don't have money to invest with in the first place so it's a moot point. The reason majority of rich people get rich is they spend less than they make. Barring folks well below poverty level, most everyone has expendable income or has the ability to make more by working more or getting better jobs. I've been at the very bottom, made bad choices, paid a price to get to where I'm at financially. I'm still in accumulation mode and do what I can to make sure I'm never in that situation again. I choose to give up some things in order to save for later. Life is all about choices, thank god we live in a country that has the most freedom to make them, be it stupid or otherwise. [/QUOTE]
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