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Is somebody drinking the Kool-Aid? Who has any retirement anymore? That long
ago was robbed from the American worker as they are doing with health insurance now.Sorry, but all that crap I learned in school in "economics" class was just that...crap. The profit SOARS. That's a shame because it means your retirement account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have to watch that profit stuff, it's too good for us. Corporations are groups of people, my IRA, my 401k, my retirement plan, who invest our money in corporations in the expectation that they will make profits. Profits increase the value of equity [stock shares] and the amount of money you can draw on when you retire. If profits are not made then your IRA, 401K, etc go bankrupt and you will never retire. Be careful of that profit stuff. It may be too good for you! /s/ DD, retired and loves watching my equity increase. |
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