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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ Jan 5

    Automatic enrollment has pushed millions of Americans into saving for retirement with 401(k)-style plans, but those savings are being offset in the long term by greater auto and mortgage debthttp://on.wsj.com/2EbzBYE 

    1:38 PM - 5 Jan 2018
    • 29 Retweets
    • 50 Likes
    • 🎃Just Me, Myself & 🎃👻🍦Belle 💚🌲 Sloosh Giovanna darco Jane L. Osama Kayani Dr Hassan Mahmud Mamun Waylan Cooper Patty Tanaka
    15 replies 29 retweets 50 likes
      1. New conversation
      2. Dave Vensel‏ @DaveVensel Jan 5
        Replying to @WSJ

        Contribute to get your employers full match. It's free money that compounds annually. Live below your means. Drive your car longer. Try to find affordable housing. Social security ain't enough to live on. #PayYourself1st

        1 reply 0 retweets 2 likes
      3. Ken Hanscomb‏ @kenhanscomb Jan 7
        Replying to @DaveVensel @WSJ

        Nice comment. Ever heard of @DaveRamsey - he offers similar advice in his books and media

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. Gus the Disgusted‏ @GusTheTerror Jan 5
        Replying to @WSJ

        If you buy a car with credit you're a FOOL.

        1 reply 0 retweets 2 likes
      3. 1 more reply
      1. Karma Girl‏ @karmaatwrk Jan 5
        Replying to @WSJ

        No. The reason there is more debt is because debt is more accessible. Anyone can get a credit card now. Nearly anyone can get a car loan or mortgage. Now people have all 3 and are spending beyond their means.

        0 replies 0 retweets 1 like
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      1. hebegebes‏ @hebegebes86 Jan 5
        Replying to @WSJ

        bullshit The economy is booming. Dodd-Frank held money back from minorities, single mom, divorced dads, new citizens. ((BOOM)) GDP is now 3.2 and climbing

        0 replies 0 retweets 1 like
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      1. Thomas Clark‏ @nomad2003 Jan 5
        Replying to @WSJ

        Then need to learn to match spending to spendable income. Drive a clunker rather thsn new to save money. I did.

        0 replies 0 retweets 1 like
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      1. Daniele Roscia‏ @droscia Jan 5
        Replying to @WSJ

        Finché il mondo continuerà a finanziarvi avanti tutta, poi si vedrà.

        0 replies 0 retweets 0 likes
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      1. Chris Moore‏Verified account @mooretosay Jan 5
        Replying to @WSJ

        this is a theory. nothing more. Admit you can't know that.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Bill Parthum‏ @3downandlocked Jan 5
        Replying to @WSJ

        Challenge that summation. More money w/o 401k means even more expensive cars would have been bought.

        1 reply 0 retweets 0 likes
      3. Rodney Leon‏ @pairunoyd Jan 5
        Replying to @3downandlocked @WSJ

        more money to wall street means less efficient business models due to lack of price discovery

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Sabi Audi‏ @ImikSabi Jan 5
        Replying to @WSJ

        Mortgages as it currently is, is one of the greatest Ponzi schemethe world have ever seen. We all pay in and banks collect green. We all ending paying more than the home value will ever be.

        0 replies 0 retweets 0 likes
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      1. Skip Chipowski‏ @Skipowski Jan 5
        Replying to @WSJ

        Just wait until Social Security confiscates everyone's 401(k) in the name of fairness because career politicians and bureaucrats bankrupted the Government.

        0 replies 0 retweets 0 likes
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      1. Rita Rivali‏ @RitaRivali Jan 5
        Replying to @WSJ

        Still save

        0 replies 0 retweets 0 likes
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      1. Señor‏ @heapaleap Jan 5
        Replying to @WSJ

        Borrowing money is at an all time low for rates...rather pay a 3% interest now for compounding gains of 20 years...

        0 replies 0 retweets 0 likes
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      1. Minhaz Rabbi‏ @MInhazrabbi2250 Jan 5
        Replying to @WSJ

        https://goo.gl/UADmBy 

        0 replies 0 retweets 0 likes
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