• moustachio@lemmy.world
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    7 hours ago

    Retirement accounts are a scam. It’s important for people to learn this, and stop contributing to them. It’s not a “benefit” to give all your money to corrupt Wall Street shit heads…

    • SippyCup@lemmy.world
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      4 hours ago

      I opened this expecting to ask where to put the money instead, fully expecting to be told to buy gold.

      I’m glad to see that conversation has already happened.

      There are far better commodities to invest in. Gold is probably one of the worst. But good luck with that

        • SippyCup@lemmy.world
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          2 hours ago

          I mean, it’s not a straw man. it’s genuinely a weak investment. But no, other people exist and they had that conversation before you or I could her here.

    • tmyakal@infosec.pub
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      5 hours ago

      A tax-advantaged account that (typically) grows faster than inflation and includes additional compensation that my employer would not otherwise give me is a scam? So where should I be putting my money instead?

      • moustachio@lemmy.world
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        4 hours ago

        It grows faster until they use it as a bailout for rich fucks. You should make your own investments; it’s your money and you should have full control of it. Any system that doesn’t allow that is wall steet holding your money hostage, and a scam.