Mance Rayder, Investing since 2023

"The freedom to make my own mistakes was all I ever wanted."

Self-Managing 5 accounts: HSA | Roth | Dividend Growth Brokerage | Penny Stock Brokerage | 401k

[Mance Rayder, Investing since 2023 @ManceRayder19]

I don’t think everyone is looking for a way to win the argument, but perhaps poke holes in yours. The boomer hate on X is pretty stale.

Sure, some boomers are out of touch. That tends to happen when you hit older age. Some had it easier than the 25-year-olds today, some had it a lot tougher.

X is one giant bitchfest, that’s for sure.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@b_co_co These comparisons are silly and just meant to generate clicks.

Some people take pride of ownership in a home, even if it means a few thousand lighter in the wallet every year. There’s more to life than sitting on your pile of coins, like Scrooge McDuck.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@RentYourStocks I was out for a walk and dropped a million dollar bill. Some peasant yelled “hey man, you dropped something” to which I dismissively waved him off, knowing it wasn’t worth the effort to bend down and get it.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@wrecklessdrive1 @PatrickHeizer Grandkids should be raised by parents, with the occasional help from the grandparents. A few thousand a year for gifts, treats and the occasional big spend, right?

[Mance Rayder, Investing since 2023 @ManceRayder19]

@wrecklessdrive1 @PatrickHeizer But the OP wasn't about earning as your kids grow, it was a number at retirement. You're addressing the cost of children - which is sky high - but not something most 60 year olds with $2M+ have to worry about.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@KyleKulinski Appreciate your honesty. Thank you for admitting you aren't morally superior to anyone.

BTW, still a platinum blonde?

[Mance Rayder, Investing since 2023 @ManceRayder19]

Oh, I agree.

I know I've had about 10-15 names on a watch list I've seen moon the past few weeks. If someone was in early on those, and smartly took profits, they are already like 10x and playing with house money.

That's one reason I believe it's easier to beat the market in a Roth. No tax hit for trimming profits or moving money around.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@TurkStevens @BradThundercocl @PensareBBall Many, many people.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@RunningBear571 @PatrickHeizer I think you are reading into this more than what it is. X posters are not masquerading as brown shirts trying to grab your wealth.

Take care.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@RunningBear571 @PatrickHeizer You’d prefer to rent a $75,000 car that’s worth zero (to you) when your lease ends.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@RunningBear571 @PatrickHeizer Hey, I’m with you - spend what you want, that’s you.

But X is flooded with posts complaining about ?M not being enough to retire on. That opens up a healthy debate on how far our there some people are.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@RunningBear571 @PatrickHeizer Man, what are these numbers you are throwing out?! $100K on rotting floorboards…what?!

What about owning a $30K car that you put $1-2K into every year? That’s much more realistic than this insane fan fiction you are creating.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@wrecklessdrive1 @PatrickHeizer Wait, the fictional rich retirees now have young kids in this scenario? I don’t hear retirement and young kids usually in the same sentence.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@RunningBear571 @PatrickHeizer Respectfully, it seems like you want it both ways. You want to be lauded for the budget-friendly one car family approach. Then in the same breath, you aren’t open to criticism for renting the depreciating asset every three years.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@Cheeze_Coolman @tokyo_111 Enjoy poor.

[Mance Rayder, Investing since 2023 @ManceRayder19]

@Cheeze_Coolman @tokyo_111 A sad commentary

[Mance Rayder, Investing since 2023 @ManceRayder19]

@AlZeidenfeld @unashamedusa Because it really fucking happened, tough guy.

You aren’t bright, are you?

[Mance Rayder, Investing since 2023 @ManceRayder19]

@KeeveStallings @cmsinvests “twice as bad” 😂😂😂😂

[Mance Rayder, Investing since 2023 @ManceRayder19]

@_UptheNorth @Amy_Siskind @DonnaRsuppan31 Deeds, you’re in way over your head. Get outside for a walk while Canada still allows it.