[JoSixChip]

There is the end of your 401Ks. I wonder who ended up with all that money.

[grey_whiskers]

There is the end of your 401Ks. I wonder who ended up with all that money.

Those who put in orders for shorts.

[Deo volente]

There is the end of your 401Ks.

Not unless you need the money now. If you need it in 5-7 years your balances will be back to normal and whatever you're buying after the bottom (which will come soon) will enjoy huge gains. The people who held on through 2008-09 when the market fell 55%, and starting buying again when the Dow stopped dropping at 6,500 made out like bandits.

[Ceebass]

There is the end of your 401Ks. I wonder who ended up with all that money.....

It went to a place they refer to as “money heaven.” The companies are still there, they’re just worth less now.

This has the makings of a deflationary depression like 1929. The fed has obviously seen some really bad data and is trying to head off the worst of it.

I notice that after being smashed last week, the gold stocks were up about 10% today. Kind of like Homestake Mining back in the 30’s.

[HartleyMBaldwin]

Aaaaannnd … it’s gone.

[Osage Orange]

I've never had a 401k....Never trusted them to "manage" my money...

I'm doing fine.......

[SanchoP]

There is the end of your 401Ks. I wonder who ended up with all that money.

[Blood of Tyrants]

I’m diversified quite well. While the stock market is down nearly 30%, my portfolio is down only 15%. And since I don’t need the money right away, my losses are on paper. Once we’re over the hump of this mess, stocks will go back up as will my IRA.

[steve86]

“I wonder who ended up with all that money.”

It is a fallacy to look at it that way The “money” never existed in the first place. It was simply a valuation. Only when your shares are sold is there actual money involved.

[jagusafr]

No, it’s not - until you sell, they’re just “compressed”...

[CapnJack]

There is the end of my, and millions of others retirement in the coming 5 to 10 years.

All because of complete insane mass hysteria fanned by the socalled media and “medical” experts.

I suspect that many will be making an adjustment to their 401K and IRA contributions this week if they have already not done so ... that is drop their contributions to $0.

The Stock Market needs to be closed along with everything else for 2 - 3 weeks until some semblance of sanity returns.