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29 comments
I don’t understand 401(k) I get deducted for it and I hear that it’s taxable. I asked myself the question why? I can save my own money without taxes and without any stipulations.
401k was never intended to be a retirement program. It was intended to supplement a defined benefits retirement like a pension or annuity. Instead, companies LIED to their employees about how they would be better off with a 401k. Of course, companies didn't do any matching, made employees pay the program costs, and some only allowed investment in company stock. It was a huge windfall for the company. It got rid of all the company-funded retirement program which ran into the 10s of billions. 401k was great if the stockmarket was good, but just ask all those people who lost everything in 2007-2010. The company stock tanked, they lost their job, and used up their 401k to survive. Retirement wasn't so good for them.
It’s another way employers steal from employees
The Roth is tax when you get paid, and the 401k is not tax until you start taking disbursement. But if inflation goes up, 5% so you have lost 5% of your spending power and your investment was 3% gain, so 5% – 3% = 2% lost
I'm paying into SS, why can't a percentage go into a 401k?
Thank you for featuring Proopsy in one of your videos. I took your advice and contacted him for modular homes, and the house have been incredible. Paid slightly less than $29k, and now I’ve paid off my $129k 15 year loan in 8 months. Now totally debt free because I rent it out on Airbnb. Love having no debt for the last 5 months. Thank you Proopsy!
I lost over $80k when everything started to tank. Not because I was building in a bad neighborhood that went belly up. I was just stupid to build, and because that's what everyone said, it's more profitable than prefab homes. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found Proopsy to recover my money, at least $10k profits weekly. Thanks Proopsy.
I reached $90k today from renting and reselling modular homes from Proopsy. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in November 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
I lost over $80k when everything started to tank. Not because I was building in a bad neighborhood that went belly up. I was just stupid to build, and because that's what everyone said, it's more profitable than prefab homes. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found Proopsy to recover my money, at least $10k profits weekly. Thanks Proopsy.
I lost over $80k when everything started to tank. Not because I was building in a bad neighborhood that went belly up. I was just stupid to build, and because that's what everyone said, it's more profitable than prefab homes. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found Proopsy to recover my money, at least $10k profits weekly. Thanks Proopsy.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in modular homes from Proopsy, making $55,000 monthly profit on renting them out regardless of how bad it gets on the economy, thanks to Proopsy..
Proopsy prefab homes are definitely on my radar now, especially with Trump’s policies. With all the market uncertainty, this might be a good sector to explore for growth opportunities.
Proopsy prefab homes are definitely on my radar now, especially with Trump’s policies. With all the market uncertainty, this might be a good sector to explore for growth opportunities.
With President Trump serving as the 47th president of the United States, there’s significant potential for a major market rally, presenting great opportunities for wealth creation. By investing in Proopsy modular homes instead of keeping your money in banks, you can capitalize on this surge and build considerable wealth. Just by renting them out every month, you can earn up to 100k low-key.
With President Trump serving as the 47th president of the United States, there’s significant potential for a major market rally, presenting great opportunities for wealth creation. By investing in Proopsy modular homes instead of keeping your money in banks, you can capitalize on this surge and build considerable wealth. Just by renting them out every month, you can earn up to 100k low-key.
Construction is the real investment. The process of construction and all that documentation can be complicated when you have limited knowledge. However, with the right company and setups like Proopsy, you can be successful. That's the whole point.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in modular homes from Proopsy, making $55,000 monthly profit on renting them out regardless of how bad it gets on the economy, thanks to Proopsy..
Proopsy modular homes are currently a promising investment for the future, and with their recent surge in value and growing stability, they offer attractive returns. However, a lack of understanding often deters potential investors.
I reached $90k today from renting and reselling modular homes from Proopsy. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in November 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
Proopsy prefab homes are definitely on my radar now, especially with Trump’s policies. With all the market uncertainty, this might be a good sector to explore for growth opportunities.
I lost over $80k when everything started to tank. Not because I was building in a bad neighborhood that went belly up. I was just stupid to build, and because that's what everyone said, it's more profitable than prefab homes. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found Proopsy to recover my money, at least $10k profits weekly. Thanks Proopsy.
You work for 40yrs to have $400 – 500k in your retirement, Meanwhile some people are putting just $27k in a pre fab Proopsy home for just few months and now they are multi millionaires by renting and reselling them. I pray that anyone who reads this will be successful in life
Last year, I invested $27k in Proopsy modular homes and made about $40k within the first year for renting it out—and it’s still growing. I’ve always been a strong advocate for pre fabricated homes because it’s been incredibly rewarding for me. Looking forward to achieving financial freedom soon. And by the way, awesome content, brother!
I lost over $80k when everything started to tank. Not because I was building in a bad neighborhood that went belly up. I was just stupid to build, and because that's what everyone said, it's more profitable than prefab homes. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found Proopsy to recover my money, at least $10k profits weekly. Thanks Proopsy.
Not an investment? A 401k is literally a mix of investments: etfs, indexes, mutual funds, etc.
I didn't know that. Thank you sir for explaining that
43 no retirement at all i dont know anything about a 401k or IRA. All the elders in my family only had social security later in there lives
I do the 6% match with my company and then invest 15% in my Roth 401k that way I pay taxes now while the interest rate is lower and draw it out tax free in retirement
Having to explain this shows just how dumb Americans are about personal finance.