Your money is safer in the hands of the world’s poor than in your 401(k).
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It is better to die poor, while free from fear and grief, than to live surrounded by riches and filled with anxiety.
But if you want to keep your money safe, liquid, and earning interest, one option is a US Treasury money market fund with checking privileges. True, these funds aren’t insured by the FDIC, but because they are tied only to US government debt and not to any corporations or banks that might default, the only way you can lose your money is if the government fails to pay its short-term obligations. If that happens, there is no US government, and all bets are off anyway!
Safer than we are.” I told Franny. “Safer than love.” “let me tell ya kid,” Franny said to me, squeezing my hand. “Everything’s safer than love.
Insecurity is worse than poverty.
It is safer to be feared than loved
But first consider how much more sparing and patient of hardship the poor are than we.
Better to reign in Hell, than to serve in Heaven.
We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.
The rights of property are in less jeopardy from the Socialists and the Anarchists than from the predatory man of wealth…
Better poverty without a care than wealth with its many obligations.
I have been safe from molestation for many years, because I was poor and possessed nothing that anyone else could envy. But if you make me rich and prosperous I shall at once become the prey of thieves and marauders and probably will lose my life in the attempt to protect my fortune.
Religion is what keeps the poor from murdering the rich.
In his report, titled The Retirement Savings Drain: The Hidden & Excessive Costs of 401(k)s, he calculated that the average worker will lose $154,794 to 401(k) fees over his lifetime
I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
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