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re: Your 401K is getting destroyed

Posted on 6/14/22 at 8:38 am to
Posted by greenbean
USAF Retired
Member since Feb 2019
4788 posts
Posted on 6/14/22 at 8:38 am to
quote:

The reason are the folks who missed out tripling their money over the past 10 years because “it’s about to crash! Better hold cash waiting for the dip”

Even with the events of the past year they would have been far ahead.


With the confluence of events at the end of 2021, everyone should have seen this coming. I did, and I'm not even a novice, but war, inflation, interest rate hikes, labor/supply shortages, etc., everyone should have forecasted this.
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