Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Skywise

>>>8 years of an Obama economy and my 401k only maintained its value because I contributed to it.

During period in which the Dow went from 8500 to 19000 you lost money on your 401K investments? Time to find a new 401K plan.


16 posted on 06/22/2018 5:01:59 PM PDT by oincobx
[ Post Reply | Private Reply | To 11 | View Replies ]


To: oincobx

When the Dow goes from 8600 to 19000 at the same time gold goes from 30 bucks an ounce to 1300 bucks means my dollar put into SS as a young man came out worth a penny today.

Bammy printing billions to give to wall street to buy stocks with vastly inflated the stock market while shrinking the dollars buying power of all forms of savings, The effects will increase for a decade or two before the real market of goods being chased by way too many dollars settles out.

Ah, the perils of being led by fools...


44 posted on 06/22/2018 9:58:42 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson