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The Concept of a Pension Should be Offensive to People
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<blockquote data-quote="ThePackageDeli" data-source="post: 5800075" data-attributes="member: 77514"><p>I like the sentiment. And I think feeding the entrepreneurial spirit is a truer form of the American dream. The issue is risk. Something like 75% of businesses fail within 15 years. For the same reason, mutual funds are a preferred investment vehicle over single stocks. When it comes to average directionless hourly workers who don't have an entrepreneurial vision for their lives, the retirement accounts are their best bet for growing themselves and their families beyond the middle class and creating wealth for future generations if done properly.</p><p>If people would only realize that you can take your family from dirt poor, to a $50 million net worth in 2 generations. 2 generations! father - son. That's incredible and should inspire many people to live not just for today, but live for tomorrow!</p></blockquote><p></p>
[QUOTE="ThePackageDeli, post: 5800075, member: 77514"] I like the sentiment. And I think feeding the entrepreneurial spirit is a truer form of the American dream. The issue is risk. Something like 75% of businesses fail within 15 years. For the same reason, mutual funds are a preferred investment vehicle over single stocks. When it comes to average directionless hourly workers who don't have an entrepreneurial vision for their lives, the retirement accounts are their best bet for growing themselves and their families beyond the middle class and creating wealth for future generations if done properly. If people would only realize that you can take your family from dirt poor, to a $50 million net worth in 2 generations. 2 generations! father - son. That's incredible and should inspire many people to live not just for today, but live for tomorrow! [/QUOTE]
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