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Squidworth89 t1_isu6z1l wrote

Reply to comment by Attackcamel8432 in Stop The Corruption by sillychillly

Not so much for the lawmakers but for those looking to try to be one...

Do they have decent salaries? Yes. Are those salaries huge? Not by DC standards.

I personally would be hard pressed to ever run for office if I couldn't invest in equities. Social security is a joke. Bond yields are terrible. I've never been offered a pension. Have no choice but equities.

There should be reform but most pushing the narrative "it's insider trading rawr rawr rawr!" don't grasp the subject matter beyond the headline.

Plus... there's many far more important things we keep kicking the can on...

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MaineHippo83 t1_iswoao2 wrote

You keep failing to realize that you can invest in equities and prevent corruption.

Mutual funds and/or blind trusts

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Squidworth89 t1_isx8fo8 wrote

Those are terrible alternatives.

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MaineHippo83 t1_isxbho1 wrote

Disagree. It's what most americans are invested in and a safe long term investment strategy. Look up bogleheads.

Most people will not beat the market over the long term.

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Squidworth89 t1_isxdcpc wrote

Boggleheads is a very basic community. Haven’t been there in prolly a decade. I’m assuming they haven’t changed much.

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