You can stretch your retirement waaaay further but adding in a little side hustle you enjoy. You don’t need to replace a salary, but an extra $1,000 a month could make a big difference
The problem with Wall Street is the punishments for bad behavior tend to be a monetary slap on the wrist. One that is a fraction of the money made or saved from the bad behavior. Thing about how Wells Fargo got away with stealing money from it's own customers. Or how Google was fined a mere $13 million for stealing user data that they made billions of off.
If the risk outweighed the rewards, we'd see a far more well behaved Wall Street. Or if they were threatened with jail time, that might help too.
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The problem with Wall Street is the punishments for bad behavior tend to be a monetary slap on the wrist. One that is a fraction of the money made or saved from the bad behavior. Thing about how Wells Fargo got away with stealing money from it's own customers. Or how Google was fined a mere $13 million for stealing user data that they made billions of off.
If the risk outweighed the rewards, we'd see a far more well behaved Wall Street. Or if they were threatened with jail time, that might help too.