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Stock Market Question
Posted on 3/10/23 at 1:32 pm
Posted on 3/10/23 at 1:32 pm
New here,, hi guys. I see bank in California went upside down today. Is that reason S&P seems to be dropping today. Also how you you money people think stock market will go rest of the year. I know almost impossible to know , opinions! 
3
Posted on 3/10/23 at 1:35 pm to LSUBALLER
Downvote, ok. Looking for someone to help me with my ignorance. I have my money tied up in 401 k.
Posted on 3/10/23 at 1:41 pm to LSUBALLER
quote:The market has been heading south since early 2022. This is just another event that is helping it to go lower.
Looking for someone to help me with my ignorance. I have my money tied up in 401 k.
Don't worry about your 401k at all if you're 55 or younger.
The markets double every 5-7 years. This is a fact.
Any 20-30% market downturn should be met with agressive buying. So, if there's anything you should do, it's contribute more to your 401k if possible.
If you're 60+ years old you might need to seek advice that is more specific to your situation.
This post was edited on 3/10/23 at 1:44 pm
Posted on 3/10/23 at 2:37 pm to LSUBALLER
The stock market is gonna keep going down and will never again reach 20/21 levels
The us will be a 3rd world country in 20 years
The us will be a 3rd world country in 20 years
Posted on 3/10/23 at 2:38 pm to bayoubengals88
quote:
The markets double every 5-7 years.
Only for boomers
They’re gonna pull the ladder up for us millenials
Posted on 3/10/23 at 5:16 pm to el Gaucho
Oh look here’s the dumbass
Posted on 3/10/23 at 5:45 pm to el Gaucho
quote:
Only for boomers
I’ve wondered for a long time if a big part of the modern era market gains, or at least stability, have been the popularity of 401k and the like where employees automatically buy every payday no matter the market conditions. And will it downturn when the boomers all retire and start withdrawing/selling while there are fewer employees in the younger generations making contributions/buys?
I hope not, because I’m planning to retire right after most boomers do.
Posted on 3/10/23 at 6:48 pm to canyon
quote:el Gaucho trolling is like the pictures at doctors offices back in the day that you had to study for a minute to see the picture. But once you see it, you can't unsee it.
Oh look here’s the dumbass
Posted on 3/11/23 at 8:50 am to Twenty 49
quote:
I’ve wondered for a long time if a big part of the modern era market gains, or at least stability, have been the popularity of 401k and the like where employees automatically buy every payday no matter the market conditions. And will it downturn when the boomers all retire and start withdrawing/selling while there are fewer employees in the younger generations making contributions/buys?
Now you’re getting it baw
I’m proud of you
Also consider the fact that our standard of living is slipping and Americas only export is rap music and dudes kissing on tv
Posted on 3/11/23 at 9:26 am to LSUBALLER
Inflation is still way too high and the Fed is too hawkish right now.
Posted on 3/11/23 at 10:58 am to Twenty 49
quote:
And will it downturn when the boomers all retire and start withdrawing/selling while there are fewer employees in the younger generations making contributions/buys?
Workers based in the U.S. aren’t the only ones buying U.S. equities.
Posted on 3/11/23 at 11:18 am to skewbs
The Chinese aren’t gonna save you baw
And every country is facing the same population issues as we are
Y’all need to admit that Jack Bogle was wrong and also that he donated 10 million to Hillary in 2016
And every country is facing the same population issues as we are
Y’all need to admit that Jack Bogle was wrong and also that he donated 10 million to Hillary in 2016
Posted on 3/11/23 at 7:19 pm to el Gaucho
quote:
Only for boomers They’re gonna pull the ladder up for us millenials
Maybe your generation should have a few kids? Shrinking population will definitely have an impact.
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