Over 15 billion a year into social security that they will never see back. It's a gift basically since they can't collect social security or use medicare. Estimates are 10-15 billion paid in state and local taxes, 5-6 billion paid in federal taxes.
How does that compare what we pay for all of them in jail,. in our schools, and what we spend to try to keep them out?
The story is that people tend to make bad decisions when they manage their money in the stock market. They are likely to sell at a low point after the market has just taken a big tumble, as has happened in the last two weeks. Then they buy back in during a run-up, paying much more than if they'd just held on to their stock.
Yeah, STUPID people!
It's really not that hard to just buy stocks for the dividends and ignore the value of the stocks and when you have enough dividend income to retire, then you retire.
Wait a minute: You drive/fly to Mexico/China/Korea to get a Bic Mac and fries?
No. I was simply pointing out that Denmark, Australia, Switzerland aren't taking US jobs. Mexico, China, India, Brazil ARE the competition. We need to be compared to the countries that are taking our jobs. Not 2 small European countries that aren't. We are losing jobs because we price ourselves out of the market, just like Europe. We need to imitative places with high growth rates, not Europe.
Baltimore City. The closer yo get to the burned out CVS, the cheaper the real estate gets. Yes I do live in Baltimore City. Yes, it does get a lot of rain, and some snow as well, if you like that kind of thing.