Chuck Harris wrote:

SNIPPED ... lost attribution.

I wrote... is my attribution

The profit SOARS. That's a shame because it means your retirement
account SOARS, your IRA SOARS, your 401k SOARS, etc. We really have
to watch that profit stuff, it's too good for us.

---

Tell me, how do you fund your 401K when you work for McDonalds
flipping burgers?

Flipping burgers is for kids! Get skills training. 'The more you learn the more
you earn.' is a great guideline.


The biggest result of moving all of our manufacturing jobs to
China/India/??? is the loss of good paying jobs here in the USA.


Corporations are groups of people, my IRA, my 401k, my retirement
plan, who invest our money in corporations in the expectation that
they will make profits. Profits increase the value of equity [stock
shares] and the amount of money you can draw on when you retire. If
profits are not made then your IRA, 401K, etc go bankrupt and you will
never retire.

Be careful of that profit stuff. It may be too good for you!

/s/ DD, retired and loves watching my equity increase.


Yeah, you got yours while there were still good jobs and good retirement
policies here in the US. What about your kids? What about mine?

-Chuck

Your retirement planning is YOUR RESPONSIBILITY! It is NOT the responsibility
of government. It is NOT the responsibility of your employer. It is NOT the
responsibility of your union. The responsibility is Yours alone!

If you don't like McDonalds then start your own business, work your butt off,
put in 60, 70 or 80 hours a week, and retire a millionaire. If you choose
McDonalds then plan your retirement on welfare, but don't blame McDonalds ...
you made the decision to work there in a kids job.

If you don't like McDonalds then get a skill such as a CDL for example. I have a
son doing $1800+ a week driving 4 1/2 days a week. He quit high school at 17 and
now owns a $300,000 home, has 7 kids, and is home 2 1/2 to 3 days a week.

Where and how you choose to work is your personal gold mine, not a sweat shop or
a salt mine. Choose a mine with a piece of the mother lode, as opposed to fools
gold [AKA McDonalds]. A major contributor to financial success is your personal
ATTITUDE.

You are the only person responsible for your life style as you reach the mature
years. Accept the responsibility.

An interesting observation: All of your Senators and Congressmen are heavily
invested in the Equity Market [stock market]. Don't you wonder why? As corporate
profits go up, their net worth goes up!

I suspect you can easily invest $10 a week ... give up 3 packs of ciga---buts,
or 2 six packs ... or a $10 lottery ticket. A simple $10 equity investment in a
conservative mutual fund will produce more than $60,000 in 30 years. Invest 2
hours pay a week and the same fund will yield almost $250,000 in 30 years.
Factor in pay increases [inflation] and it is easy to have a $1,000,000 fund to
convert to an annuity at retirement.

I opened this with the following: "Your retirement planning is YOUR
RESPONSIBILITY! It is NOT the responsibility of government. It is NOT the
responsibility of your employer. It is NOT the responsibility of your union. The
responsibility is Yours alone!" It is true!

/s/ DD, W1MCE

NOTE: