Author Topic: The World's First Trillionaire-GetBigger?  (Read 956 times)

Irongrip400

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Re: The World's First Trillionaire-GetBigger?
« Reply #25 on: Today at 04:59:58 PM »
I found the article really interesting. The truth is, most people have very little freedom in their employer sponsored 401k's. I they're usually limited to broad market index funds or target date funds, which means they’ll end up owning SpaceX indirectly through those vehicles anyway.

At my own company, the plan only offers target date funds, a “capital preservation” fund, a couple of bond funds, US large cap and small cap funds, and an international fund. If I want to pick individual stocks, I have to switch to a self directed brokerage account (through Schwab in my case). The process is pretty tedious, and most regular employees aren’t financially savvy enough to jump through all those hoops.

Schwab!

Grape Ape

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Re: The World's First Trillionaire-GetBigger?
« Reply #26 on: Today at 05:12:04 PM »
Biggest welfare baby on the planet. Elon's a great opportunist. Not anywhere near as intelligent as many give him credit for. Ketamine junky among other things. Horrible charisma, can't speak without tripping over his words,  terrible, I mean absolutely abhorrent physique, stupid face, stupid voice, a liar and overall piece of shit.

I know right?

Only trying to solve energy crisis, prepare the planet to move once its resources run out, solve traffic, establish neuralink to help the disabled, make worldwide internet cheap and accessible.....

Guy sucks.
Y

WrongAdvices

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Re: The World's First Trillionaire-GetBigger?
« Reply #27 on: Today at 05:38:40 PM »
I found the article really interesting. The truth is, most people have very little freedom in their employer sponsored 401k's. I they're usually limited to broad market index funds or target date funds, which means they’ll end up owning SpaceX indirectly through those vehicles anyway.

At my own company, the plan only offers target date funds, a “capital preservation” fund, a couple of bond funds, US large cap and small cap funds, and an international fund. If I want to pick individual stocks, I have to switch to a self directed brokerage account (through Schwab in my case). The process is pretty tedious, and most regular employees aren’t financially savvy enough to jump through all those hoops.

That way you won’t lose your ass and have no retirement savings

WrongAdvices

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Re: The World's First Trillionaire-GetBigger?
« Reply #28 on: Today at 05:40:04 PM »
I know right?

Only trying to solve energy crisis, prepare the planet to move once its resources run out, solve traffic, establish neuralink to help the disabled, make worldwide internet cheap and accessible.....

Guy sucks.

Don’t sleep on the tunnels.The Boring company will revolutionize urban landscapes