Quote:
Originally Posted by Mr.Coffee
Well aren't you just the cat's meow. You may be good at investing or saving or building wealth through some good decisions, but you are horrible at displaying any humility. Ultimately, people want good advice, but you don't need to jerk yourself off to provide it. And that goes for several other people in this self-appreciating contest thread. It's like sitting around with a bunch of finance grads talking about how sweet their stocks and bonuses are, nobody gives a crap, and you aren't doing yourself a favour by bragging because this is viewed as a negative quality. There's confidence, being classy and knowing you've done well, and then there's being ######y about it.
As for the topic at hand, I believe there are 2 reasons for people being unable to save enough. One is the obvious societal change in perception on debt and how it doesn't matter if your VISA is maxxed and your largely paying interest, and the other is the fact that the buying power of a dollar today has been eroded over the years. What our baby boomer parents could do with their money was generally more... and this helped them be able to save more. And if the government really cares, maybe they should consider policies that influence the little oligopoly of banks we have in this country and allow citizens to ACTUALLY build a savings account. Thanks for the 61 cents of interest Royal Bank, that was awesome.
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wow apparently not reading about how some people managed to help themselves through is not good enough for you you have to be quite abnoxious about it as well. You claim to be a better person than me with this post. I find that hard to believe. To me you come off as arrogant.
Apparently I thought I would just share my story with you all since I don't know you personally. I never tell my friends or even my family about my success so far (I am not there yet it could turn for the worst, I am the first to admit that). Personally I am glad I don't know you, you'd be that friend that's never happy for anyone.