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Supernova
WSJ News
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Comments by "Supernova" (@MrSupernova111) on "WSJ News" channel.
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Rents have a long way to go before they come back down to earth. Even where I live, practically in the middle of nowhere, rent is outrageous.
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Student loan payments begin this summer. That will be the final nail in the coffin. All these fools that spent money carelessly since the pandemic and racked up historic amounts of debt will be in a world of hurt. Luckily, for those of us who took advantage, paid off debt, and saved we will have opportunities to acquire more reasonable priced assets like a (first) house.
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WSJ can you put a little more production quality into your videos? You got your viewers listening to a child doing a phone call with about as little production quality as possible.
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I really don't like this lazy youtube videos that resemble a podcast more than a video. Also, I'm not going to work my day off to continue making the elite class richer. Its time for this nonsense to stop.
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@AltayHunter . The point is the same.
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I'm not a school teacher but student loan debt crushed me too for a few years. Sometimes I question why I decided to go back to school but in the end I'll say it was worth it. Since I graduated from college I've been putting every dollar possible to paying off debt and even started rebuilding my savings at the beginning of last year. The past few years sucked but my combined savings will exceed $100k by next year. I hold a regular job so its not like I'm making six figures or anything remotely close to that. Just pure discipline and sucking it up while I get my head above water. Now, my only issue is trying to purchase a house with these insane prices that we have today. For the time being I'll have to continue saving and hope my salary can support a mortgage payment in the near future. Anyway, stay the course and good luck!
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This has to be the laziest form of video making. WSJ, get your act together!
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$400k is nothing for retirement even with social security. $1 million might not be enough for those still renting or paying off their mortgage into retirement years. I'd say for those of us with 20+ years before retirement we will easily need $1.5-$2 million to live comfortably but not an extravagant lifestyle.
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The US should target the monopolies in the US
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Why does WSJ insist on having children bring us the news? I'm sure WSJ can get better qualified people to talk about complex matters like SVB's collapse.
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Talk about clueless. You're comparing a $15-$20 per month payment to an education which on average cost $80k?? ignorance at its finest.
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I keep $20-$30 hidden in my car and I remember to remove it when I take in the car for service. I hold a lot more in a home safe for a big emergency that might require cash. I've had to dip into both resources but mostly the small amount in my car because I have forgotten my wallet on my way to get take out food. I also keep $100 in my travel backpack which should be enough to pay for food and transportation back home from work in case I lose my wallet or credit card. Of course, I also have savings and a brokerage accounts for more extreme emergencies like getting laid off or a large medical expense. The point is to have enough safety measures in place so I never get stranded anywhere or go hungry because I don't have access to my wallet or credit card.
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Personally, I wouldn't take financial advice from a child who looks like she barely graduated high school. She was probably in elementary school during the 2008 financial crash.
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Typical garbage WSJ reporting these days.
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Does this clown answer the main question at any point? All he does is deflect like a seasoned politician. If he's not going to answer the question find someone else to take his place.
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20% of what? $10k? $100k? $1 million? I would argue anything over $20k in cash is wasteful for the common person.
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I had no problem with any part of the video.
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People who follow generic financial advice are fools. But then, learning how to properly build a portfolio is complicated. Its simpler to blindly throw money into a mediocre mutual fund and call it a day.
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@hydroaegis6658 . Blocked. Go waste someone else's time.
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Good idea! I've been using one credit card for everything while carrying my debit card as a backup. But I'm going to start using two credit cards to separate my expenses. I have multiple credit cards and they all have great rewards programs.
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I carry cash in my travel backpack in case I forget my wallet. Its happened and the cash was very useful.
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@hydroaegis6658 . Who made you freedom of speech regulator?
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lol
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@kuil . Goes both ways.
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Who sponsored this video? Let me guess... 401k and mutual fund companies? WSJ is making a habit of publishing garbage videos.
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@alimfuzzy . Same happened to me many years ago. I learned the hard way.
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Agreed.
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@dnguyen787 . How many people do you think understand the securities in their own retirement accounts? LOL
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That's what happens when WSJ hires children to do the reporting.
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@hangthuynguyen91 . If someone is out of a job for a full year there is lot more going on such a health issue. No reason why anyone healthy with work experience should be looking for work for an entire year. Even then, you should be investing as much of your money as possible. If $20k can't get you through an emergency between jobs then you have a spending problem.
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Wow!
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@jon6309 . An ETF isn't a portfolio. But nice try.
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@CHMichael . You don't want to be fully invested in the stock market at all times - especially during or near retirement. This is why just buying an ETF doesn't work as a complete strategy. But do what you will.
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@bergthe89th12 . Better than to be a clueless fool running his mouth loose online.
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Insane!
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But you have no problem with people like Elon Musk and other billionaires getting billions in subsidies every year? Interesting point of view. You must worship your masters.
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I didn't notice it
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@das_fahrer . Not at all
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Absolutely! People using their debit card for mundane expenses don't realize their subjecting themselves to fraud. Use the CC and let the CC company deal with any potential fraud.
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@shmookins . Listen to the OP. He's 100% Correct.
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@samthecomposer2959 . People with self control don't have that problem.
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When is WSJ going to stop posting these lazy video productions?
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Great thinking!
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Never used the app. The lazy people who rely on these services deserve what they get.
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Housing costs have doubled since 2019. But sure, the average consumer making $60k or less should be "planning." LOL
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Not sure about the UK but for me in the US $300-$600 is far too much to be carrying around. I have a larger cash fund at home but that's for serious cash emergencies. The most I carry with me in cash is $100 which stays in my travel backpack I use for work. Never needed it except for food or a metro ticket when I forget my wallet.
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Your $100 per account is incomparable to companies that have hundreds of millions of dollars in deposits. You're way out of your league here. Go sit back down.
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@mrb152 . Did you just compare the qualifications of a reporter to a CEO for a multi billion dollar firm? Talk about clueless!
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@Viviko . SVB made $1.5 billion in net profit last year. How much did you make?
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Live TV option for an additional fee and its game over for the competition.
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