Hello fellow mgtow. Today I want to talk to you about the biggest scams running on our worker population outside of social security.

In investing, it's amazingly better to be in early than later. $1k in facebook seed round would now be over $1m. Except you could only invest in facebook if you were already rich, which is other related scams called "accredited investor status" or "mainstream investor protection". I.E. define a boundary between rich and everyone else then disenfranchise the masses while claiming to protect them. I can go further into this in another post.

401k plans never buy into early things. They are essentially ways for the elite "accredited investors" to offload their bags to the sheep public. In addition the assets are continually inflated with another scam called "quantitative easing". I.E. giving rich people insane amounts of tax money through inflation. Yet another post.

When these companies get large enough, the accredited investor bag holders push these assets onto the general public as a way of raiding retirement accounts.

Now market cap is a strange thing. Many of you will claim that you made lots of money already with your 401k. With market cap, at any point it's about 1% or less of the actual amount of items in inventory. That means that once that market collapses, everyone is sitting around holding bags trying desperately to get out. That means your bags are always at risk of being exit scammed by the whales. See Zuck selling billions of stock causing a 20% dip. Note that the early investor Peter Thiel sold all of his facebook, even though he famously bought $500k at seed. Yet several retirement accounts and index funds include facebook.

401k is a ponzi scheme. What is a ponzi scheme? It's a type of financial strategy that has obvious market flaws which add significantly to the risk. Mostly that failure mode occurs when the market cap is lowered by 50% or more. If the market starts to crash then everyone would flee out of retirement accounts in the order of availability and liquidity. So the rich, who aren't working during the day and have access to better stock market tools, would be able to leave first even if they stupidly stuck around too long. Note that there may be enough underlying value to provide a floor value but there's nothing to suggest that retirement accounts should grow year on year.

So when I realized these things, naturally I cashed out my 401k account. First I had to call a retirement number because withdraw was disabled on the UI of the retirement provider I was using. Then I was sent 2 pdfs to fill out to have a check mailed to me. After not receiving response, I had to call again, where the rep told me they did not receive the documents. So I sent them again. Called again. Same response. This took several tries. Now it's 4 months later and I still don't have 1/3 of my money. Imagine if the market was collapsing or a bank run was happening during this! Which is exactly what would happen during a crash.

So what can you do? Smart and active investing. Dump your 401k. Live cheap. Invest in crypto. Buy property. Go MGTOW. There's a chance of catastrophic failure and societal reorganization. That chance gets larger every day. Don't be in a 401k account when that happens.