"Shocking news": Most people not ready for retirement
Wow, "really breaking news" that people inthis country who on average make less than 1000 per week don;t have enough after bills to save. Truly shocking news CNBC. Any idiot with two eyes can do the simple math that retirement is a pipe dream for most people and it is not real living; it is waiting to die while spending very little money.
People SPEND their money which is why if you can figure out WHERE people spend their money and get in on a company at a really cheap price....you can make outsized returns. Anybody can buy coke at 170B valuation, or buy mcdonalds at its high valuation.
OR you can find the companies where people have been spending north of 1B for 3 straight years trading at just 2B?