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LaydeeBug

(10,291 posts)
Tue Nov 18, 2014, 04:48 PM Nov 2014

Anyone wanna take a break from Ferguson and shoot down this FB post? [View all]

Greetings from behind the grief curtain...I still break down every day, but they are at least getting better (or I am getting used to breaking down, lol) A repug won the gov here in MD, and my local district was COMPLETELY SWEPT by the GOP. I am a little bit shocked by that, honestly. All of that is tantamount to why I feel like shooting down this message from my so-called "middle of the road" uncle:

I believe that middle class Americans wealth increases more slowly than the wealthier Americans because of manipulation of the stock market. If your 401K is tied up long term investing in companies, long term being the key phrase you suffer a slight loss in equity when the company doesn't perform well. Not the investors(as we call them) If you were able to invest in a company only long enough to realize the profit increase for a good quarter, take the profits and run, do this over and over, and you end up wealthy, Everyone who is invested through 401k grows at a snails pace because your wealth is actually embedded in the company your 401K invests in. Your 401k eats the ups and downs, they skidaddle with the money. Wealth distribution is solved by focusing on this area.

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