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And each year they piss away isn’t on the front where their net worth is small: it’s on the back when the dollar difference is huge. The difference between 30 and 31 years can literally be several turns on your net worth.

What would the hamster eat?

And the same goes for the parent who likely would rather spend that $117 on a portion of a vacation instead setting up an investment account for their child.

And hopefully his message will change the minds of a few of those people.

The point of his message is to show the power of compounding and time. And no matter how you slice it, 400k today is a lot more that 117 was then (even if 117 was a decent amount). To put it another way, a parent who had a child in 1944 could have secured that child’s retirement on a modest...

Sle put everyone on ignore, so when he comes here he doesn't see any posts. That's why he doesn't respond to anyone anymore.

To your point, Amazon pulled out of the prescription drug business.... http://money.cnn.com/2018/04/16/news/companies/amazon-pharmacy-report/index.html

feed the trolls and you will get bitten.

I was on the Amtrak to nyc and had a maga guy explain to me that alternative min tax was a tax deduction for the rich. He went out of his way to tell me that he read both sides of every issue.

He’s the head of strategy at macrorisk advisors: an upstart equity derivatives dealer that produces unique viewpoints and research for volatility traders. But his name disqualifies anything interesting he could say. If his name were “winthorp” or “Smith” he would be worth listening to.

Real life isn’t the movies where the president goes into a parking garage with a trench coat to meet Putin directly. In real life it’s done through back channels and code words. Mueller is being thorough to find these back channels without publicly hurling unfounded accusations. It’s hard to...

Are you comparing you trying to default on a mortgage the same as surviving the holocaust?

Virtu also did a lot of cost cutting at kcg. I thought the fat finger for knight happend in 2012 and kcg sold 80percent to leucidia (holding co for Jefferies).

@Pekelo https://www.cnn.com/2018/04/20/politics/trump-forbes-400-list-cnntv/index.html In Forbes first 400 list, trump “qualified” with 200 million. This was in 1984. Today you need well over a billion dollars. This is all moot though because Forbes doesn’t inflation adjust.

That guy is now a stand up comedian. His first joke is that he is an advisor to Anton Kreil.

The best part is when the milk turns pink.

If you had an actual case you would state the facts clearly and consicsely. Instead you write poetry, talk about Anne Frank and show pictures of your family which no one cares about. Why hasn’t baron shut this thread down by now?

What was the name of that mentor?

You clearly have articulated a super strong case here. What’s the issue?

Because the range of rich and poor is narrower and there are fewer advantages for the rich: for example good universities are prohibitevly expensive for the poor but not for the rich in the US.