Current Events > My 401k gonna get rekt this month

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Billyionaire
09/21/21 8:36:17 PM
#1:


stupid stock market

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$ex
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fohstick
09/21/21 8:37:09 PM
#2:


do americans really gamble with their retirement savings?
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INTERWEBUSER
09/21/21 8:37:28 PM
#3:


> S&P 500 4 percent off from record
> 401k rekt

choose one

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ScazarMeltex
09/21/21 8:37:53 PM
#4:


fohstick posted...
do americans really gamble with their retirement savings?
Yep, the GOP and corporate dems managed to kill off most of the unions and thus most pensions.

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Billyionaire
09/21/21 8:40:07 PM
#5:


fohstick posted...
do americans really gamble with their retirement savings?
retirement savings, rent money, food stamps, we gamble with everything

INTERWEBUSER posted...
> S&P 500 4 percent off from record
> 401k rekt

choose one
4 percent is a lot. it's most of the fingers on your hand. all of them if you don't count thumb

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$ex
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1337toothbrush
09/21/21 9:01:58 PM
#6:


INTERWEBUSER posted...
> S&P 500 4 percent off from record
> 401k rekt

choose one
Give me 4% of your money.

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Blbmbr666
09/21/21 9:03:59 PM
#7:


Yeah I checked mine after yesterday and just fuckin laughed

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Hummer 2
09/21/21 10:59:13 PM
#8:


Unless you turn 59.5 this month you shouldn't really give a shit.
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Dat_Cracka_Jax
09/21/21 11:01:57 PM
#9:


Hummer 2 posted...
Unless you turn 59.5 this month you shouldn't really give a shit.


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SK8T3R215
09/21/21 11:02:43 PM
#10:


fohstick posted...
do americans really gamble with their retirement savings?

Lmfao at this DDIQ poverty thinking

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Kingbuffet
09/21/21 11:03:50 PM
#11:


That's all you're worried about?

LMAO CE cracks me up sometimes.

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Billyionaire
09/22/21 1:43:36 PM
#12:


Kingbuffet posted...
That's all you're worried about?

LMAO CE cracks me up sometimes.
Yup. In fact, I welcome a crash. I've made money in the housing market so a return to earth in the form of a crash would be good.

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$ex
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IShall_Run_Amok
09/22/21 1:47:00 PM
#13:


Just checked mine.

lol look at it go

WHEE

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Kuuko
09/22/21 1:51:44 PM
#14:


Assuming your 401k portfolio is mostly stocks, market going down means you're buying them on sale. As long as they're back up when you turn 59.5 years old you have nothing to be scared about.

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Joeydollaz
09/22/21 1:58:39 PM
#15:


give your parents some of that

you are here because of them

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inloveanddeath0
09/22/21 1:59:43 PM
#16:


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_BlueMonk
09/22/21 1:59:56 PM
#17:


no no i was having a good day

now i have to check yahoo finance

oh hey today im actually up. well. for now. ive been up before mid day then by closing be down like 2 %

still down over all :(

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JISOO
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theAteam
09/22/21 2:07:42 PM
#18:


fohstick posted...
do americans really gamble with their retirement savings?

The kinds of indexes most 401k's invest into are super low risk. Add into the fact that the government knows everyone's future is dependent on the market going up over the long term so their policies reflect that. It's a pretty safe bet vs. putting it all into a savings account accuring 0.1% interest while inflation hits 2-3% every year.

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spanky1
09/22/21 2:14:47 PM
#19:


I just checked mine and it's still up 12 percent year to date so nothing too bad so far.
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Billyionaire
09/22/21 2:16:11 PM
#20:


Joeydollaz posted...
give your parents some of that

you are here because of them
Respect parents

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$ex
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chrono625
09/22/21 2:23:24 PM
#21:


Market being down when youre young means your buying options low. Which you just hope they are slightly higher many years later when you retire.

youre supposed to be aggressive in your 20-55 years and then go conservative 56-62 depending on your target retirement date.

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