File :-(, x, )
Anonymous
>> Anonymous
maybe there's a coincidence between that spike and the dot com bubble
>> Anonymous
>>231343
you mean to say most dot coms were setup by thousands of people who became rich almost over night and declared themselves executives just before the stock holders realized they bought into companies with about $50 of physical assets?
>> Anonymous
That spike is a few years too late to be related to the dot com boom. Try Enron, Worldcom, and shit like that.
>> Anonymous
the reason most capital gains started to spike was because it was, and still is, a fuckton cheaper to earn money and pay capital gains tax on it rather than income tax
>> Anonymous
also, fails for not taking into account the billions of dollars of regular people's money invested in companies as IRAs and other capital-building programs

fuck your class envy
>> Anonymous
>>231511

fuck you gene levy
>> Anonymous
>>231492

Woops, you're right.
>> Anonymous
>>231511

"regular people" have to eat.

400 dollars a month into bills, food, rent, and god help you if you or a relative gets sick.

The low end can't afford IRAs, dumbass.
>> Anonymous
>>231790

Nor do they get IRAs because anyone working for a company for more than 10 years gets progressively fewer and fewer hours until they need to find another job.

S.O.P. of WAL-MART is to cut your hours when you get a raise.
>> Anonymous
It's very rare to work for -any- company long enough to receive an IRA.
>> Anonymous
>>231511

Your dad is lying to you.
>> Anonymous
hmm
>> Anonymous
>>231792
Same with McDonalds.

My pay checks were constantly larger than higher paid staff simply because it was cheaper for them to work me into overtime than work the higher paid/hr people into full time ish hours.
>> Anonymous
>>231790
>400 dollars a month

40 hours a week @ 7.50 an hour (illinois minimum wage) = 300

x 4 (4 weeks in a month) = 1200

I have no idea where you're getting this "400 a month" bullshit

wait, working a job that doesn't give you a solid work week? GET ANOTHER FUCKING JOB

>It's very rare to work for -any- company long enough to receive an IRA.

IRAs Are INDIVIDUAL RETIREMENT ACCOUNTS

maybe you're thinking of 401k savings plans?

instead of blowing your money on useless items, save up a $1000 and get an IRA from Excelsior Value & Restructuring

itt stupidity and financial ignorance
>> Anonymous
>>231803

1200 a month. Fine.
Illinois? Low end rent is 600. There goes half.

electricity? 100 a month. as much as 400 if you have to use electric heat in the winter.

Food? 100 a week. More if you have family.

Water+sewer+trash. around 100 a month. definitely not less than 50.

Did you want to have a car? Insurance and gas. probably 400 a month for both.

Kids? 200 a month any way you turn them.

Let's see, that leaves you with -700 dollars, to have fun with.


You see what you're talking about now?
>> Anonymous
>>231803

IRAs only work if you can afford to put money in them.
>> Anonymous
here's another interesting fact, if you invest just $1000 dollars at 22, and it only returns 10% a year, at 70, when you are ready to retire, you will have $88,531 from which you can pull out an additional income or emergency money

but hell, cable internet or satellite television is more important
>> Anonymous
>>231818
>Food? 100 a week. More if you have family.
>Kids? 200 a month any way you turn them.
oh, so you have a spouse now? please add 1200 to the total

we're up to +500 at the end of the month now are we?

this of course assumes you will work at minimum wage at the same position at the same job FOREVER

you know how long I worked at minimum wage at McDonald's for? two weeks, then I got a raise, then I got another

you know what my next job was? circuit city - started above minimum wage there

next job? painter - started above minimum there

next job? office work - again, above minimum there

next job? pest control - far above minimum there

hell, I don't even have a college education and I'm at already at least double minimum wage
>> Anonymous
>>231822

No you can't invest that money. You don't HAVE that money. You -think- you have that money because your parents pay your bills.

>>231826

Spouse adds to the bills, not subtracts.

Where the hell did you grow up? On a pile of gold?

I'm gonna go make soup, brb. Keep hitting f5.
>> Anonymous
>>231827
>You -think- you have that money because your parents pay your bills.
haha, even before i moved out I got charged for rent, fail some more

>Spouse adds to the bills, not subtracts.

so you're going to support her on minimum fucking wage as well? send her ass to work like the rest of the fucking country, dipshit
>> Anonymous
>>231829
Ah, and does the spouse drive?

Do you have kids?

You are still alone in your argument.
>> Anonymous
>>231833
kids were already included

let's add 100 more for food and 400 more for another car, gas, and insurance

you're still broke even at two people working at minimum wage
>> Anonymous
>>231836

ONE kid was included. and no healthcare.

The problem is, most jobs pay minimum wage, trim you away if you get more than 4-5 raises.

You're living in an illusion.
>> Anonymous
ITT we pretend to have jobs and spouses when we know Anonymous is a sad loner with only his left hand as company and girlfriend.
>> Anonymous
>>231957

Uh, nobody was describing themselves. I'm rich. I just know better than the mouthy kid.
>> Anonymous
>>231957

You too. And me, now.
>> Anonymous
>>231957
actually, my left hand got smashed the other day.
the doctor said it has to be in a cast for at least two weeks, and no repetitive activity with it for 5 weeks.
>> Anonymous
taxes
I knew i forgot something
>> Anonymous
The rich pay capitol gains tax. The low wagers, if they paid capitol gains tax, would be owed money by the government.
>> Anonymous
>>231978
You could always keep your hand fixed and move your body instead.