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Originally Posted by RICH1
Disney is paying 20.00 bucks per hour to their Cast members, with 5 % increases every year…frustrating seeing these and other entry level jobs making these wages & pushing that tip jar in our faces… guess I’m just sick & tired of the system bleeding the Retiree on Fixed incomes… I’m comfortable now but the future looks bleak..
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Fixed incomes look especially precarious in times (like today) of relatively high INFLATION. And a possible recession could drive down a stock portfolio or an IRA. So, the time to accumulate stocks was probably 2 years ago. Not much to do today to get ahead.........maybe put 5% of ANY investible income into a GOLD ETF......which might (?) allow you to "tread water" or get a little gain.
.......If you can do that or hold relatively big amounts of cash, then wait for the US recession and BUY then.
........It would be nice if growing old were PAINLESS........maybe next world ?