HUGE BUBBLE: Trump PUMPS Private Equity With 401k Changes

I don’t think private equity can be a bubble. When it collapses, it will have done exactly what it was designed to do.

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

It sounds Like A Bubble..? It sounds like a Ponzi Scheme, not a BUBBLE...!

A bubble implies we will be bailing them out? We shouldn't have any skin in the game with private equity. Unless they rig it with our 401k money without our permission.

TLDR: private equity is rigged against normal people to benefit the people in charge of private equity……I for one, am shocked 😮

Sounds like 2008 but much bigger and dumber this time.

I was looking at buying a house about a year ago and found one I thought would work. Then I started looking at the public documents for that house and found that it was sold at a sheriff's auction to a private equity manager that lived 4 hours from the town the house was in. He bought it for 27k and listed 3 days later for 90k without having done anything to the property, then would drop the price 2k every month til someone finally bought it for around 40k. That goblin marked that house up over 300% just bc they could. America sucks. These people ruin everything they touch.

That sounds like a straight-up pyramid scheme, not a bubble😂

Thank you Breaking Points. Private Equity has been a poison in this country for years. This is one of those things that get ignored and instead we are fed trivial distractions like race and partisan politics.

Take away the options for pensions. Force us to gamble for our retirement and rig the table so we lose on the gamble.