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My Fidelity sure has...
1 posted on 02/23/2023 1:41:25 PM PST by ChicagoConservative27
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To: ChicagoConservative27

Great Resets don’t come cheap.


2 posted on 02/23/2023 1:48:15 PM PST by yuleeyahoo (The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
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To: ChicagoConservative27

40%-45% allegedly approve of Biden’s handling of the economy and tens of millions wish they could vote Dem now but have to wait for 2024.

Recent:
“Of the 45% of Americans saying they approve of the way Biden is handling his job as president, 76% say they expect the national economy will be better a year from now....from American Research Group website.”

Stooooooopid.


3 posted on 02/23/2023 1:49:23 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: ChicagoConservative27

Mine did great under Trump and under Biden - downhill in a death spiral. Elections have consequences.


4 posted on 02/23/2023 1:50:45 PM PST by BipolarBob (The rumor has not been confirmed until the FBI officially denies it.)
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To: ChicagoConservative27

Unfortunately many of these folks got what they voted for


5 posted on 02/23/2023 1:51:33 PM PST by Chauncey Gardiner
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To: ChicagoConservative27

Best economy ever! Ever, I say!

Happy days are here again!


7 posted on 02/23/2023 1:52:45 PM PST by CFW (old and retired)
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To: ChicagoConservative27

How ANYONE with a 401K votes Democrat is a complete mystery.


8 posted on 02/23/2023 1:53:33 PM PST by LeonardFMason
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To: ChicagoConservative27

This is only half of the equation. The “balance” went down by 25%, meaning we went from 130,000 to 100,000, but that 100,000 now doesn’t buy as much as it did last year either. With 8% inflation, we lost like 33%+ of our ability to retire.


9 posted on 02/23/2023 1:54:15 PM PST by Consistent
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To: ChicagoConservative27
Although retirement balances increased in the fourth quarter of 2022...

That's because the FED raised interest rates in the fourth quarter.

I went to all cash in the Fidelity money market fund last May and my interest income ballooned in the 4th quarter.

I also sold an overweight position in energy at its peak last year, so my net was a 10% growth for the year.

-PJ

10 posted on 02/23/2023 1:56:31 PM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: ChicagoConservative27

They lost a lot more than that with inflation factored in.


12 posted on 02/23/2023 2:00:14 PM PST by LambSlave
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To: ChicagoConservative27

so much for my target retirement fund...


15 posted on 02/23/2023 2:06:55 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: ChicagoConservative27

I’m not down 25%, but it’s close. And I’m now farther away from retirement...


18 posted on 02/23/2023 2:13:45 PM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: ChicagoConservative27

Yes, this is true. FJB/LGB/FBHO/ETC.


20 posted on 02/23/2023 2:16:22 PM PST by Shady (The #JihadJunta: "We are now a nationThat of Men, Not of Laws. You are not as equal as we are...")
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To: ChicagoConservative27

Right now I’m down about 15 % from the high.


21 posted on 02/23/2023 2:16:35 PM PST by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: ChicagoConservative27

We are to believe that is what the people wanted ... and voted for in 2020.


25 posted on 02/23/2023 2:30:21 PM PST by farmguy
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To: ChicagoConservative27

Well, DUH, I’m so happy Fidelity is there to set us straight with the facts of life.

Whatever would we do without them?


26 posted on 02/23/2023 2:56:51 PM PST by Sequoyah101 (Procrastination is just a form of defiance.)
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To: ChicagoConservative27

The heads at Fidelity are in private hedge funds...they made money.


27 posted on 02/23/2023 3:04:08 PM PST by wardamneagle
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To: ChicagoConservative27

That’s why they are called “wage slaves”. Work them until they are dead.


28 posted on 02/23/2023 3:14:12 PM PST by glorgau
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To: ChicagoConservative27

Mine lost 15% plus.


29 posted on 02/23/2023 3:23:57 PM PST by caver
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To: ChicagoConservative27

Except for those who have no retirement savings. They lost nothing.
Who is going to pay for them in old age?
Those that do have savings!


32 posted on 02/23/2023 4:38:11 PM PST by sonova (That's what I always say sometimes.)
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To: ChicagoConservative27

My stock fell quite a lot last year but is going back up now.
The better news is I do not owe any federal taxes for 2022....


33 posted on 02/23/2023 7:27:46 PM PST by minnesota_bound (Need more money to buy everything now)
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