That's a lot of bullshit talk from some idiot whose never put a dime in any type of savings. I know a lot of 'investors'--they have 401Ks, IRA's, and participate in DRIP programs. It's all relative since what I put in may be a lot of money TO ME. What amount hurts a lot for me versus a wealthy day trader is irrelevant. In most cases our goal is the same: to grow our resources and to generate wealth for ouselves and our families. He's talking some bs talk to try and make even modest investors feel like they are something they aren't which means he's desperate to have someone, anyone share his pathetic, leeching pov since I'm guessing he hasn't found many converts. What a pos he is. Hey taverner, I'm divorced with 3 kids(one of them special needs) and going to school, keep myself in shape AND have a full time job. Get your pathetic drug using ass back to work. And I don't need your version of 'labor'. I'll settle for making my way and hopefully someday supporting another spouse TOGETHER to make our way in this world in some semblance of what our dreams hope to look like. I don't want your version of security...I'll make my own.
H5! Anyone that saves and invests for their retirement are the investor class. That's the thing that always pisses me off about the cap gains tax. If you scrimp and save and invest outside of an IRA, 401k, etc, you get nailed trying to grow your wealth. Then you got the rockefellers, kerrys, etc, old money rich, who invest in tax exempt bonds, railing about raising the cap gains tax.
Hell CD's get taxed as ordinary income.
Meanwhile we got the so called working class that spends every penny they have on cell phones, steaks, etc, and expect people like me to fund their SS retirement just because I saved my money. That SS was taken from me, I had no choice, so why should it be taken away from me (means testing, it will happen) when I retire cause Bubba up the street didn't plan for his retirement.
Hell we ain't even talking about the moocher class yet.
Pisses me off.