Started By
Message
locked post

Have you checked out your 401k lately?

Posted on 6/14/22 at 7:07 am
Posted by Rhino5
Atlanta
Member since Nov 2014
30790 posts
Posted on 6/14/22 at 7:07 am
frick Joe Biden. Most useless dipshit President in modern American history.

frick Joe Biden.
Posted by Chimlim
Baton Rouge, LA
Member since Jul 2005
17773 posts
Posted on 6/14/22 at 7:10 am to
I made the huge mistake of checking it yesterday. I fricking hate Joe Biden.
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 6/14/22 at 7:11 am to
it's as ugly as the administration
Posted by Big4SALTbro
Member since Jun 2019
22738 posts
Posted on 6/14/22 at 7:12 am to
This is why I currently put almost nothing into it. I have no need to while the market crashes and I have tons of earning potential left. I’ll take every last dime I make.
Posted by Chazreinhold
Utah
Member since Oct 2020
7243 posts
Posted on 6/14/22 at 7:12 am to
Nope, haven't since the Tater was installed. I read enough posts to know I'd better not.
Posted by Rhino5
Atlanta
Member since Nov 2014
30790 posts
Posted on 6/14/22 at 7:13 am to
I used to check it daily, now I check it maybe twice a week because all Biden is doing is bankrupting us of years of work.

frick Joe Biden. frick his entire administration. frick career politicians.
Posted by LsuTool
Member since Oct 2009
35846 posts
Posted on 6/14/22 at 7:15 am to
Absolutely not

I may not check it again until 2025
Posted by LB84
Member since May 2016
4369 posts
Posted on 6/14/22 at 7:15 am to
My only solace is that I have ~30 years left in the workforce.

Last time things were this bad it lead to 8 years of Reagan and 4 years of Bush Sr. So maybe we'll get 4 years of Trump and 8 years of Desantis and actually make money.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179617 posts
Posted on 6/14/22 at 7:15 am to
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71068 posts
Posted on 6/14/22 at 7:16 am to
No. I have 30+ years left to work. If I look, I'll definitely quit putting in.

I know myself well enough. I know it's ugly. I won't be able to force myself to stay in.
This post was edited on 6/14/22 at 7:18 am
Posted by RCDfan1950
United States
Member since Feb 2007
38736 posts
Posted on 6/14/22 at 7:19 am to
Charles Krauthamer got it right: If you get your politics wrong, it ALL goes bad from there”.
Posted by Zap Rowsdower
MissLou, La
Member since Sep 2010
15616 posts
Posted on 6/14/22 at 7:20 am to
Leaving my current job for a position with a new company at the end of the summer. I’ll look at it my last day in the office when I try to figure out what to do with it….. maybe.
Posted by dakarx
Member since Sep 2018
8182 posts
Posted on 6/14/22 at 7:22 am to
Used to check it at every market close, had to stop as my monitors have run out of red pixels.
Posted by zsav77
Member since Oct 2011
6262 posts
Posted on 6/14/22 at 7:23 am to
Just did out of morbid curiosity for the first time in at least a couple of months.


Yeah, I shouldn’t have done that.
Posted by I Love Bama
Alabama
Member since Nov 2007
38422 posts
Posted on 6/14/22 at 7:24 am to
I hate JB as much as anyone but how is giving out helicopter money and shutting down the economy his fault?

This started with QE after 2008 and went parabolic under Trump.

What am I missing?
Posted by Statestreet
Gueydan
Member since Sep 2008
13890 posts
Posted on 6/14/22 at 7:28 am to
Let's review Madcow's article:

MSNBC

quote:

Trump spent years operating from the assumption that Wall Street was a direct reflection of the American presidency — and upturns were proof of Oval Office excellence. That never made any sense, but as the major indexes reach new heights under Biden, I'll look forward to the explanation as to why the stock markets are no longer politically relevant.
Posted by Lawyered
The Sip
Member since Oct 2016
37261 posts
Posted on 6/14/22 at 7:40 am to
All part of the design

Tank everyones 401ks so it can be equitable and everyone can be back to the same starting point
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
43125 posts
Posted on 6/14/22 at 7:44 am to
I was smart enough to get out in 2008. You people can watch your money disappear. Fool me once.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
22114 posts
Posted on 6/14/22 at 7:47 am to
I avoid unrealized losses by not even looking at them, making them literally "unrealized."
Posted by lgh
In your head
Member since Jan 2019
239 posts
Posted on 6/14/22 at 7:48 am to
Why don't you keep contributing and buy low?or put it in a stable asset fund until things start to turn around. This is a buying opportunity
first pageprev pagePage 1 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram