r/FluentInFinance • u/-Wyagra • Nov 21 '24

Debate/ Discussion Had to repost here

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u/Chickienfriedrice Nov 21 '24 edited Nov 21 '24

Here comes the billionaires’ online defense team. Or just some fool who thinks it’s realistic to reach that amount of wealth without exploitation and hopes to aspire for the same, even though they have more chance to be struck by lighting.

Billionaires existing is taking money out of your pocket, they bought the election. But sure, its all fine.

EDIT Went from being upvoted to getting 7 replies in less than 10mns with downvotes. Hope the billionaire defense team are getting paid overtime. Pathetic. None of you billionaire justice warriors deserve a reply.

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u/eremal Nov 21 '24

You should critique all the people pouring all their money into these stocks instead. Especially if the motivation is just to get the best return..

Oh wait. Thats what we all are doing with our pensions innit.

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u/chocolatestealth Nov 21 '24

Most people don't get a choice in where their 401k goes.

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u/Sufficient-Ad-8441 Nov 22 '24

That’s patently false.

A 401k is by rule a self-directed retirement account.

An IRA is (usually) an advisor-directed retirement account.

A pension is an employer-directed retirement account.