[Erik Latranyi]

My 401K went nowhere under the present administration.

Then you invested poorly.

[Son House]

One other explanation is the market had a lot of record highs that would raise the dollar cost averaging of a 401k, therefore making any drawback in the market a drag on the account balance.

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Another observation I would offer is the high employment under Bush is what gave defaulters the chance to invest in them high risk mortgages they really shouldn’t have afforded themselves