If you leave or lose a job, you can roll that 401K over into an IRA (roll it over, not cash it out). This way, you're ensuring that your money leaves with you and oftentimes, you'll have more investment options. DO NOT CASH IT OUT! 401k is pre-tax money. If you cash it out, you'll get hit with penalties and taxes (probably close to around 45-50%).
Alligators have a wider u-shaped snout.
Crocodiles have a more pointed & v-shaped snout.
Karen: Black people are in crisis. People are afraid for their lives in the streets. There is police brutality and no justice. Eric Garner, no justice. You have neighbors calling the cops. No matter where you are in this country right now, if you're a person of color, you're under siege, particularly a black person. Black women aren't even being heard, even by their medical folks. They're not taking their pain seriously. We're in crisis. What do we do?
Difference between trading & investing:
An investor is someone who is trying to invest in a company for the long run. They like this company and think this company is going to be around for a long time. They are more likely investing for retirement, for longer term.
An active investor is investing for income. They actually have some goals and want to make a travel trip, pay off debt, or something were they need money quicker. It could even be your side hustle. Instead of getting a side job, start trading your money.
Dan Soder ("Billions"):
It's hard to learn new things and to try to change.
That's why a lot of people that refuse to change are the most miserable. Capitalism doesn't want you to think. They don't want you to be uncomfortable.
Work and failure are necessary for redeeming success.
You have to embrace failure. If you take it and learn how to process it, other failures become less scary.