“That will be a very sad day. Keeps me reminded to pull little by little out. Though, I don’t think it will make a difference.”
Our 401ks are kind of stuck, until we reach the right age and want to pay taxes on what we withdraw. That’s the bulk of our money so if they take it, I can’t even get any out to put away in the mattress.
People today who think Walmart is too big to fall don’t remember just how big Sears was.
Here’s an example. In the 1920s, Sears sold radios by mail, but there were large parts of America that didn’t have any radio stations within range, so, Sears got into the radio station business and, in 1924, started WLS 890am Chicago. A radio station powerful enough to fill the Midwest.
Then, they sold every household in the Midwest and most of the rest of the country a radio. The kicker was that once they bought a radio, they tuned in to Sears radio station witch advertised Sears products.
The equivalent today would be if Walmart sold you the TV and then you only got Walmart commercials and ads on your TV.
Walmart was never that big.
WLS stood for World’s Largest Store, and it was.
The only thing to ever come close would be Amazon Web Services providing you the internet so you can buy Amazon products and services.