People call me crazy when I tell them I contribute solely to my taxable brokerage and 0% to my 401k.
I’m not locking my money up for 40 years for an employer match.
What I did instead: built my taxable brokerage accounts. Created large positions in index funds and great companies, also built monthly dividend income to over $2,000 per month.
Liquidity is my whole game at 24.
NBC News' Steve Kornacki breaks down how the GOP's North Carolina map backfired. The lines were redrawn to lock in seats, then Democrats won in districts drawn for Republicans.
BREAKING 🚨: Kmele Foster: “It's one thing to not think capitalism isn't working, ideally. It's another thing entirely to insist that it is oppressive, that it is bound up with white supremacy.”
Jemele Hill: “How is it not?”
Kmele Foster: “I've always preferred Adam Smith's description of capitalism as the natural system of liberty. The idea that people can own property, that they can exchange it freely with one another for profit, that they can find ways to put their resources to good use and profit in a way that is actually beneficial to everyone else, that there can be gains from trade that are mutually beneficial. These are foundational ideas that have created more wealth than any other system in human history. That is what capitalism is. That is not white supremacy.”
Jemele Hill: “Do you think capitalism has always worked that way?”
Kmele Foster: “I’ve actually just described the basic facts of the economics.”
Hill: “That ain't how it's always worked.”
Kmele Foster: “Slavery is an institution that is older than writing. It predates capitalism. The notion that white supremacy and all these other things are bound up with capitalism in an intrinsic and fundamental way is so absurd and laughable, it barely needs to be defended.”
Jemele Hill: “How was it absurd?”
Kmele Foster: “It barely needs to be defended.”
Jemele Hill: “What do you mean it barely needs to be defended?”
Kmele Foster: “You actually have to articulate what the connections is. How are these two things the same? I'm talking about private property, the right to exchange and sell with whomever you like. What does that have to do with white supremacy?… What is the white supremacy dynamic of private property?”
This photo is hilarious and emblematic of the brain dead anti-data center luddites
She’s standing there like “yall, I just did something big for my community” and it’s simply protecting a massive abandoned parking lot from being turned into a huge tax revenue engine for the community
We are being crippled by economically illiterate morons
Data centers are our generation's version of nuclear power in that they seem to be supported by anybody with any brains and are exclusively hated by the most self-satisfied, uncurious retards alive.
Shielding people from the consequences of their actions is ideological suicide
People MUST suffer for making wrong decisions. If they do not suffer what incentive do they have to make the right decision?
By Claude's estimate, and factoring in delinquency rates by credit score, a 10% credit card cap would mean everyone under an 800 score loses access to credit cards.