News this week that inflation eased more than expected in October solidified the view that the Federal Reserve is done with its most aggressive rate-hike campaign in four decades.

And that could be a boon for the stock market and your 401(k).

  • BombOmOm@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    2
    ·
    1 year ago

    They can still only put in $6,500 per year into the account. As I said “Rich people would LOVE to own more in the same way and pay less taxes.”

    This guy won the lottery. Should we kill a program that you can only put $6,500 in per year that millions of Americans use just because someone wins the lottery? If that is the route you suggest, we will have to go and kill every program that people use to invest in their future.

    • bloup@lemmy.sdf.org
      link
      fedilink
      arrow-up
      3
      arrow-down
      5
      ·
      1 year ago

      As I said “Rich people would LOVE to own more in the same way and pay less taxes.”

      So they’d love to do a thing that they have all demonstrated they are perfectly capable of doing? What is even the value of such a comment?