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Jan 12, 2020
11:32
:02
am
BYUFootballisBack
All-American
In the last 3 years you aren’t up 44% or somewhere in the 30s? The market has
Been climbing like crazy the last few years...
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BYUFootballisBack
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oddsewer
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BYUFootballisBack
Joined
Apr 29, 2007
Last login
Sep 28, 2024
Total posts
14,694 (729 FO)
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Messages
Author
Time
Does this make sense? Does this mean the rich are getting richer and the poor
pink22
1/11/20 5:18pm
And
TADOW
1/11/20 5:22pm
Yep, and that is how Bernie Sanders will end up in power.
BYUtka
1/11/20 5:25pm
That crazy old man will never get elected. Another socialist, maybe
Crazy Joe Davola
1/11/20 6:16pm
Trump is President. Anything is possible.
BYUtka
1/11/20 9:41pm
Lesson here
CBaass
1/11/20 5:29pm
hopefully all the blue collar workers with very little in the stock market, but did vote for trump last time take note
BlueFrog
1/11/20 5:30pm
Why do you assume the blue collar workers have little invested in the stock
kotacoug
1/11/20 5:34pm
the ones that have little
BlueFrog
1/11/20 5:38pm
Blue collar workers and minorities are sitting with an all time Low
kotacoug
1/11/20 5:42pm
lol
bluegato
1/11/20 5:43pm
exactly. you want a higher wage and higher median household salary. DJIA is meaningless for lots of people
BlueFrog
1/11/20 5:48pm
Smart people who save and invest are getting wealthier.
kotacoug
1/11/20 5:32pm
Please describe “invest” as you use it in this context.
StalwartBraveTrue
1/11/20 11:55pm
Welcome to life. The vast majority of people need to work to
kotacoug
1/12/20 11:32am
I’m not complaining at all. But this guy makes it sound like “investing”
StalwartBraveTrue
1/13/20 7:22am
I think what he said is true, it can make you wealthier
CBaass
1/13/20 8:17am
That is an all time bad twitter thread.
Probable Sacko
1/11/20 5:35pm
Wage gain should hopefully meet inflation. But it should not match with the stock market. Minimum wage
Baron
1/11/20 5:47pm
What do you think would happen to small business owners if minimum wage were
SolidBlue
1/11/20 6:30pm
Nothing.
Baron
1/11/20 6:31pm
Across all states?
SolidBlue
1/11/20 6:37pm
If it is pegged to inflation then the cost is the same as when they first started
Baron
1/11/20 6:39pm
You clearly don’t own a small business
SolidBlue
1/11/20 6:41pm
You clearly don't understand inflation.
Baron
1/11/20 6:49pm
I understand inflation just fine, thank you...
SolidBlue
1/11/20 7:36pm
Then you would know it isn't costing you anything more than before
Baron
1/11/20 9:26pm
Not true whatsoever
SolidBlue
1/12/20 2:54pm
The minimum wage being the same doesn’t mean poor people’s wages haven’t risen
JollyGreenGiant
1/11/20 5:58pm
Not rich, but definitely enjoying the increases in the market.
BYUCPA
1/11/20 5:58pm
We continue to hear this saying said, but if the poor were getting poorer,
Niiineteeen84
1/11/20 6:09pm
Yeah, it seems like the poor are better off even as the gap between rich & poor
Odysseus
1/11/20 6:35pm
The saying is more about the income gap widening
palangi
1/12/20 12:39am
Mimimum wage is a law. Not a paycheck. Try comparing apples to apples.
DirtyWater
1/11/20 6:48pm
Doesn’t fit the narrative.
kotacoug
1/11/20 6:59pm
No and No
HarlemCoug
1/11/20 7:07pm
I will illustrate how stupid this is with math:
frontrowcougar
1/11/20 9:06pm
I guarantee you my “index fund” and “max cap” 401k’s didn’t go up 44%.
StalwartBraveTrue
1/11/20 11:58pm
In the last 3 years you aren’t up 44% or somewhere in the 30s? The market has
BYUFootballisBack
1/12/20 11:32am
Nope. My “aggressive” investing approach has my 401k up about 20% but a lot of
StalwartBraveTrue
1/13/20 7:24am
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