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O's 401k disaster ?
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<blockquote data-quote="brett636" data-source="post: 427700" data-attributes="member: 249"><p>And? How close are you to retirement? Last time I checked my 401k is down some 25% but I couldn't be more pleased with it. The law of dollar cost averaging means that when the market rebounds once we get another republican President my 401k will increase in value like never before. The purpose of investing in stocks is to buy low and sell high. Sometimes our emotions get the best of us when it comes to these times, but more wealth will be made from this market than came out of the record high stock market that we saw a little over a year ago. </p><p></p><p>I don't want the government to take my 401k. I can manage mine quite well thank you and will see great returns in the future. This is assuming Nanny Pelosi and daddy obama let me keep it. <img src="/community/styles/default/xenforo/smilies/group2/rolleyes.gif" class="smilie" loading="lazy" alt=":rolleyes:" title="Rolleyes :rolleyes:" data-shortname=":rolleyes:" /></p></blockquote><p></p>
[QUOTE="brett636, post: 427700, member: 249"] And? How close are you to retirement? Last time I checked my 401k is down some 25% but I couldn't be more pleased with it. The law of dollar cost averaging means that when the market rebounds once we get another republican President my 401k will increase in value like never before. The purpose of investing in stocks is to buy low and sell high. Sometimes our emotions get the best of us when it comes to these times, but more wealth will be made from this market than came out of the record high stock market that we saw a little over a year ago. I don't want the government to take my 401k. I can manage mine quite well thank you and will see great returns in the future. This is assuming Nanny Pelosi and daddy obama let me keep it. :rolleyes: [/QUOTE]
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