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re: Your 401K is getting destroyed
Posted on 6/13/22 at 2:35 pm to Allthatfades
Posted on 6/13/22 at 2:35 pm to Allthatfades
If they were only a year from retirement. They probably weren't holding 100% stocks in their portfolio
5
Posted on 6/13/22 at 2:44 pm to UltimaParadox
quote:
If they were only a year from retirement. They probably weren't holding 100% stocks in their portfolio
Everything is getting destroyed, though. frick Joe Biden and frick anyone who voted for him.
Posted on 6/13/22 at 2:52 pm to UltimaParadox
Not bad for those who took out a 401k loan. Their payments are buying more shares now than they were before.
Posted on 6/13/22 at 3:02 pm to UltimaParadox
They probably weren't holding 100% stocks in their portfolio
I moved my stuff out of the market months ago. They put it in bonds. I am still taking a beating. They are purposely destroying the economy to begin the great reset. Cash will be paper. All money as we know it won't exist. They know what's best for you. You will be on equal footing as the third world people.
I moved my stuff out of the market months ago. They put it in bonds. I am still taking a beating. They are purposely destroying the economy to begin the great reset. Cash will be paper. All money as we know it won't exist. They know what's best for you. You will be on equal footing as the third world people.
Posted on 6/13/22 at 6:22 pm to UltimaParadox
True but stocks and bonds have been obliterated. Market was way overheated though so somewhat expected esp with Pampers in Chief purposely destroying the main input into our economy
Posted on 6/13/22 at 7:34 pm to UltimaParadox
quote:
Your 401K is getting destroyed If they were only a year from retirement. They probably weren't holding 100% stocks in their portfolio
Correct. They were probably heavy in bonds which have performed just as bad or worse than stocks lately.
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