Originally Posted by
captnate702
those same corporations that have stolen from the average worker have also caused my stock portfolio to grow at close to 20% year over a year for the past 15 years. It is absolutely insane for a pilot who receives a direct contribution into a 401(k) back by the stock market to complain about corporations not oaying workers what the “deserve”.
Or are you putting your direct contribution into a savings account and earning 4% yoy? Oh you choose to invest in the S&P? Then all this complaining about these evil corporations is pure hypocrisy and posturing.
You DO realize there's risk involved in the market...20% is great but not typical. You must be really smart. But how did your portfolio do during 9/11? During the housing crisis? During COVID?
Only a fool would prefer (praise) 401k contributions over solid salary. Especially when that salary is hundreds of thousands less. If you made $100k more per year but got 1% less of DC you'd still have more in your 401k (AND wallet).
But as I mentioned, you're a smart one. You already knew that.