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re: Your 401K is getting destroyed

Posted on 6/13/22 at 9:31 pm to
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 6/13/22 at 9:31 pm to
Yea but nobody making less than 400k is getting taxed extra!!!
Posted by bulldog95
North Louisiana
Member since Jan 2011
20743 posts
Posted on 6/13/22 at 9:35 pm to
Once you get to about 5 years till retirement you start moving it from stocks to more stable/less violative investments
Posted by DJNOS1978
Baton Rouge
Member since Dec 2013
776 posts
Posted on 6/14/22 at 6:17 am to
Then don't invest a 401K and rely on someone to invest for you when you take all the risk and they take none.
Posted by mtntiger
Asheville, NC
Member since Oct 2003
26712 posts
Posted on 6/14/22 at 6:31 am to
I have 10 years to retirement, but we saw this train wreck coming months ago.

Pulled out. Not making a whole lot, but not losing either.

What a disaster these Marxist asshats in DC are.
Posted by Strannix
District 11
Member since Dec 2012
49167 posts
Posted on 6/14/22 at 6:32 am to
Who could enjoy retirement with Orange Man tweeting mean things? I would rather work till I die wih the noble Biden family occupying the White House
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99837 posts
Posted on 6/14/22 at 6:32 am to
Unsurprisingly, and with intent.
Posted by Lutcher Lad
South of the Mason-Dixon Line
Member since Sep 2009
5876 posts
Posted on 6/14/22 at 6:48 am to
Thank you Joe Biden...and thanks to all the A--HOLES who voted for him, even the dead ones!
Posted by ItNeverRains
37069
Member since Oct 2007
25948 posts
Posted on 6/14/22 at 7:05 am to
Still have about 15 years left so hoping this is a 70’s Carter to 90’s Clinton event the US has to go through every so often.
Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
13600 posts
Posted on 6/14/22 at 8:18 am to
FJB to infinity.
Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
13600 posts
Posted on 6/14/22 at 8:25 am to
quote:

re: Your country is getting destroyed


Fixed
Posted by ConfusedHawgInMO
Member since Apr 2014
3515 posts
Posted on 6/14/22 at 9:11 am to
I lost a lot when covid 1st hit and had it all back by the end of the year. That might not happen this time but I'm still not selling. I have another 20 - 30 years to be in the market, at least at some level.
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