/biz/ - Business & Finance

>>10347639
When I first started working I put everything I had into my 401k and I did that for two straight years. so now its growing and because i put it in so early even if I started again now (only about a year or so later) it would only about double what it will be in the end, so now I'm taking that 5% and putting it into crypto slowly and hodling. I don't stress myself out looking at it every day, I know its all going to be worth more in by the time im ready to retire.

At this point I have more faith in crypto than I do in the american government in the long run. I think the dollar/dow/nasdaq are heading for some hard times. If theres a massive dip ill invest back into my 401k. other reasons not to invest:
>Stocks are more vaporwave than crypto in many aspects like a company being able to print more stock whenever they want and trade in the off hours (which has become especially apparent in the dow recently)
>Congress is able to use 401k funds however they like essentially and sell off SS assets to fund other projects which they inevitably turn into gibs
>its a stated fact that by 2035 the SS program will be completely out of assets and 100% tax dependent making it easy to kill politically
>its very likely that there will be no added benefits to SS other than the money you invested and its interest
>OPEC rebelling against the dollar and TPP not passing is going to eventually crash the dollar once bitcoin takes over the dollar as the international currency
>its likely some people will have negative returns from their 401k in the next few years
>they usually only net 3-5% returns yearly which all of us can do in a weekend with crypto
>interest rates are about to create a strong dollar which not many americans have right now causing crypto to take over even more