(01-04-2018, 03:19 PM)StroudCrowd1 Wrote:

(01-04-2018, 01:36 PM)HURRICANE!!! Wrote: Speaking of 401k, I actually hard coated our 401K investment from the 6/23/2016 Brexit Day and I do agree that ANYONE that has the sense to contribute 401k up to the company matching portion is getting very healthy off of the Dow.  Unfortunately, there are still some companies don't match and/or employees are still reluctant to see the value in contributing (tie up their cash) in such a manner.

A company not matching isn't an excuse to not save for retirement. That is the individuals fault.

I was simply combating TJBender's point that only rich people are benefiting from this market which is simply a big fat lie.

Companies artificially raise their stock prices by firing large numbers of employees. These actions benefit the major stakeholders, typically the high-priced executives and board members, and screw the rank and file.

My issue is not with the stock market. It's with this longstanding insistence upon using an easily-manipulated number derived from 30 cherry-picked companies that can be dropped for underperforming. And what's the fastest way for an underperforming company to raise its stock price?

Fire a few thousand little people just like you and me.

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