Bessent bragging to Bloomberg that he has this figured out because he was a hedge funder who broke the BOE in 1992 is missing the fact that he is on the wrong side of this one. He is the BOE. The yen is the pound! Pure hubris.
Japan and Bessent panicked.
The debasement trade woke up.
Gold up 7% last week.
Gold stocks had their largest weekly move in years.
And then this......
Let’s say you’re 35 years old with $0 invested
Maxing out a Roth IRA for 30 years at 8% annual return will get you $661,225 by 65.
Remember this is not including any workplace retirement accounts
According to Dave Ramsey the top professions of millionaires are engineers, accountants, teachers, management and attorneys
I honestly don’t see how teachers make this list