This page is a permanent link to the reply below and its nested replies. See all post replies »
JoyfulSilence · 46-50, M
They say the stock market will rise. So my 401K will rise.
Do you really believe that? Will it rise proportionally to what the super rich are getting percentage wise? @JoyfulSilence
JoyfulSilence · 46-50, M
A rise is a rise.
The downside is the deficit will rise, which is not good for my particular line of work. So maybe things will offset.
The downside is the deficit will rise, which is not good for my particular line of work. So maybe things will offset.
ladycae · 100+, F
@JoyfulSilence what happens when the stock bubble bursts?
JoyfulSilence · 46-50, M
My horizon is long. I cannot cash it out until I am 59.5, otherwise I incur a 10% penalty. I am in for the long haul. I do not worry about fluctuations, since the trend is always up over time. It would suck if it tanked right before retirement, though. Yet I can transfer my money from stocks to Treasury Securities in 24 hours if needed.