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the reason I called the stock market gambling is that the HOUSE is predisposed to win. risk is risk, and comes with being alive. Investors and their ilk try to get you to believe you are noting all risks when investing, but what you do not have access to is the inside info which is where the tr5uly rich and powerful make their money. regular people are basically left behind to throw darts at a board.
The entire nation (USA) has been fooled into thinking that a 401K is a retirement plan, when it is in fact, a very high risk gamble. a pension that you put a certain amount in, which goes into CD's or an annuity or something that has a small, BUT ASSURED, growth rate, is sound. Putting your money into random funds because the company managing the 401k's of a corporation suggests it, is pure gambling.
It is one thing to ask people educated in finance and investing to manage their retirement accounts through the stock marke4t, but to ask every single working american with access to it to do so is fucked. A CEO would never let the mailroom guy decide his 401K investments, but that mailroom guy is expected to decide for themselves, with no help, and with no training.
It is a CON GAME
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