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/biz/ - Business & Finance

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1857329 No.1857329 [Reply] [Original]

>work my ass off for some of pieces of paper for 40 years until retirement
>fast forward to a few years before I retire
>"lol we gonna raise the tax to 50% to pay for our aging population and public services xD xD" says the new socialist government
>suck it up and keep wageslaving for a few more years
>find out my private pension fund goes bankrupt because the CEO embezzeled millions from it through his "charities"
>lose private pension
>few days later government raises retirement age by 10 years and cuts the state pension by 20% to plug the deficit
>mfw

Give me ONE good reason why I shouldn't ditch my Vanguard Index funds and invest my entire life savings in cryptocurrencies, gold and silver RIGHT NOW? considering that in the long run both the private sector (through pension deficits) and the government (through high taxes) ALWAYS betray the people?

>> No.1857436

>>1857329
>and invest my entire life savings in cryptocurrencies, gold and silver

yes

>> No.1857442
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1857442

>>1857329
Who hurt you, OP?

>> No.1857458
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1857458

You could call it a ponzi scheeme.

but you know

ponzi scheems are voluntarly, this shit is not

>> No.1857502
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1857502

Buy eth

>> No.1857518

Elect a better government.

>One vote doesn't make a difference
>Getting involved is hard
Eat shit faggot, you deserve what you get for not treasuring your democracy.

>> No.1857532

I won't lie to you, all of your concerns have some validity.

But I'm not following your logic on how that translates into you buying historically underperforming commodities and shady cryptos

If anything, the better response would be to tighten your budget, and get a side hustle to make more money

>> No.1857535

>>1857518
>democracy is a good thing

Lmao what a retard

>> No.1858826

Just give up and kill yourself.

>> No.1858869

>>1857535
This, there are more idiots than anything, and democracy just gives them more power since they outnumber you.