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Key:
Admin,
Global Mod,
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Joined: Sep 2001
Posts: 1,247 Likes: 18
8 point
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8 point
Joined: Sep 2001
Posts: 1,247 Likes: 18 |
Lot of folks in the US do not save and in many cases spend more than they actually make. Exactly... And when people become poor they quickly become Socialists. Yep. I don't believe there is a better investment than a 401k, especially if your employer offers a 50% to 100% matching. Hell, you make at least a 50% profit immediately! Most employers will only match up to 3-5% of your paycheck now. If they match 100% of the first 3% that is a 100% gain on your investment immediately is what Mark is saying assuming he hasn't been drinking yet.
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