If they pulled the averages around mid year 2022 and 2023, then the 19% gain came entirely from the stock market gains. Any additional contributions was marginal at best.
As an Asian American, I'm glad to see more Americans are finally saving more for their retirement. For the longest time Asian Americans were the only group that really were saving >20% of the income. This is one of the biggest reason why we went from dirt poor students to become the wealthiest group by far. We have been shaking our heads at how undisciplined most Americans are financially. Glad to see finally more are finally waking up.
Asian Americans are STILL the only group saving >20% of their income. Most Americans remain horribly undisciplined, which is about how we like it. Otherwise, how else are we to fill our rentals at top rents? In Asia, rentals could only get about 1/4-1/6 as much rent relative to the property value.
I get a 3% match and a 5% base contribution from my employer plus invest 19% in my Roth 403b as well put $75 per paycheck towards my HSA account and I invest in that as well
This is good news though it’s probably not that much in real dollars because the starting point was likely so low. Still, it’s better that people are investing more. I know several of my Gen X peers who hardly saved anything at all for retirement, which you can’t really do unless you have the income, but you have to start as early as possible even if you can’t contribute much at the time, which is why it’s good to hear that Gen Z is starting early.
Nvidia is up more than 300% while my 401k is only up 33% so recently I decided to contribute less into my 401k and inject more $$$ directly into Magnificent 7. I hate 401k funds.
Your explanation is clear and practical. Nevertheless, the market can undergo manipulation in various ways. While I initially grasped trading crypto assets, my technical analysis skills were a limiting factor. This changed when I came across Leah Foster Alderman's strategy. Day trading deserves increased attention, given its resilience to the market's unpredictable nature.
![ลองสั่งของจากแอพ temu ถูกจริงหรอ?? ( part : 1/2 ) [โกงไหมครับ ep.89 ] | DOM](http://i.ytimg.com/vi/RTcZSQTiDZw/mqdefault.jpg)
The account bakances increases by 19% becaise the markets are up by 19% lol.
@@ThaOriginal_Q Yup! Mine is up about 25% this past Friday.
If they pulled the averages around mid year 2022 and 2023, then the 19% gain came entirely from the stock market gains. Any additional contributions was marginal at best.
The S&P is up 40% since then and they report on 19% gains like it's good.
I agree. The bond market was crushed since then and most mutual funds lag the s&p 500 and nasdaq.
@@Tercel_Champion And she had the nerve to say "sit and forget and not trade as much which is quite good". Terrible advice!
As an Asian American, I'm glad to see more Americans are finally saving more for their retirement. For the longest time Asian Americans were the only group that really were saving >20% of the income. This is one of the biggest reason why we went from dirt poor students to become the wealthiest group by far. We have been shaking our heads at how undisciplined most Americans are financially. Glad to see finally more are finally waking up.
Asian Americans are STILL the only group saving >20% of their income.
Most Americans remain horribly undisciplined, which is about how we like it. Otherwise, how else are we to fill our rentals at top rents? In Asia, rentals could only get about 1/4-1/6 as much rent relative to the property value.
This is where the lower and middle class get left behind.
Increased for those that are invested! 50% of Americans are not in the stock market
@@chrissharkey9644 exactly
Your retirement savings is not going to increase if you don't save anything.
@@invenio1978 Agreed and I do more than my share! But it’s still true
Everyone should invest. Even if you can only afford 10 bucks a week you should be investing.
Because the stock market has grown
In Nashville my company only matches 3%
Better than nothing
Still free money
Same with mine. I can’t believe when I hear ppl say they get a 9% match
I get a 3% match and a 5% base contribution from my employer plus invest 19% in my Roth 403b as well put $75 per paycheck towards my HSA account and I invest in that as well
I stayed away from Target Funds and stayed aggressive and was glad I did. Target Funds make you less money as you get older.
Most older Americans are well off financially!
It’s the Dave Ramsey effect. His teachings are sweeping the country by word of mouth and platforms.
This is good news though it’s probably not that much in real dollars because the starting point was likely so low. Still, it’s better that people are investing more. I know several of my Gen X peers who hardly saved anything at all for retirement, which you can’t really do unless you have the income, but you have to start as early as possible even if you can’t contribute much at the time, which is why it’s good to hear that Gen Z is starting early.
I blame President Biden 😊.
Inflation is eating people alive, while the rich get richer.
Nvidia is up more than 300% while my 401k is only up 33% so recently I decided to contribute less into my 401k and inject more $$$ directly into Magnificent 7. I hate 401k funds.
that's great but nowhere near what they need
Thanks Biden!!
Yessssss Americans are moving in the Right direction💰💰💰💰💰💰
Thank Jensen 💚🖤🇺🇸🤖
Yeah right, all your cover for this administration wont work
All thanks to jb, my brokerages are soaring
Your explanation is clear and practical. Nevertheless, the market can undergo manipulation in various ways. While I initially grasped trading crypto assets, my technical analysis skills were a limiting factor. This changed when I came across Leah Foster Alderman's strategy. Day trading deserves increased attention, given its resilience to the market's unpredictable nature.
FDJT & MAGA 🤡🤡🤡
VTSAX and chill, baby 😎 💰
Only some Americans. Most are living pay check to check. Fixed ur sht.