My mother sure dodged a bullet pulling her 401K back in 2008.
Oh gosh....and had she left it in there she would have a ton more money today. Whatever losses we suffered in 2008 have more than replaced those and then some. I am much wealthier today then I was in 2008 and that is because of the money I am making in the stock market.
So what you’re saying is that Obama has been good for the economy.
Right on. I chose to stick with half of my retirement fund right up to my retirement last November and I made a third of a million. Since the risk was high I chose at retirement to invest a half million in an annuity, which is practically guaranteed to retain at least it’s base value for the rest of our lives.
Young people who can survive a stock market reversal after a few bad years would be crazy not to be investing in equities today.
TC