1. It’s illegal for companies not to pay social insurance contributions.
2. The premium on domestic Nasdaq index funds has soared to 42%.
Put these two headlines together and it feels surreal.
The social security fund is running out of money. The idea that people born in the ’80s, ’90s, and 2000s can rely on social security for retirement may be a fallacy.
Thank you, blockchain. Starting now, if we can afford it, let’s dollar-cost average into Bitcoin, QQQ, and the S&P 500, and hold until we retire. That’ll be our pension.
2. The premium on domestic Nasdaq index funds has soared to 42%.
Put these two headlines together and it feels surreal.
The social security fund is running out of money. The idea that people born in the ’80s, ’90s, and 2000s can rely on social security for retirement may be a fallacy.
Thank you, blockchain. Starting now, if we can afford it, let’s dollar-cost average into Bitcoin, QQQ, and the S&P 500, and hold until we retire. That’ll be our pension.