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<blockquote data-quote="olroadbeech" data-source="post: 2197819" data-attributes="member: 52145"><p>sorry to say that i think the stock market is manipulated . but it is a catch 22. you almost have to invest in the 401k and IRA's and Roth's to take advantage of tax savings and save for retiremnet since you can not make any money in cash vehicles or depend on Social Security.</p><p></p><p>the government "assured" the American people that they would take steps to insure that the things that went wrong leading up to the 2008 crash would not happen again. That was BS. They have done NOTHING to prevent another crash. Derivatives ( in the trillions ) and the national debt are just two things can keep you from sleeping at night.</p><p></p><p>almost 3 quarters of our eggs are in the stock market and that worries us. the rest is in real estate. i sometimes wished we had learned more about real estate investing and bought some apartments or rental properties.</p><p></p><p>we just have to have a kind of blind faith in the American economic system . our family has done very well but i wish we could have confidence . the system is corrupt and i think the only way it will ever get better is if we have an almost total collapse and we start all over.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2197819, member: 52145"] sorry to say that i think the stock market is manipulated . but it is a catch 22. you almost have to invest in the 401k and IRA's and Roth's to take advantage of tax savings and save for retiremnet since you can not make any money in cash vehicles or depend on Social Security. the government "assured" the American people that they would take steps to insure that the things that went wrong leading up to the 2008 crash would not happen again. That was BS. They have done NOTHING to prevent another crash. Derivatives ( in the trillions ) and the national debt are just two things can keep you from sleeping at night. almost 3 quarters of our eggs are in the stock market and that worries us. the rest is in real estate. i sometimes wished we had learned more about real estate investing and bought some apartments or rental properties. we just have to have a kind of blind faith in the American economic system . our family has done very well but i wish we could have confidence . the system is corrupt and i think the only way it will ever get better is if we have an almost total collapse and we start all over. [/QUOTE]
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