Garibaldee@lemm.ee to The Onion@midwest.socialEnglish · 16 hours agoNaive Man Puts Money Into 401(k) as if Future Existsthehardtimes.netexternal-linkmessage-square55fedilinkarrow-up1538arrow-down15
arrow-up1533arrow-down1external-linkNaive Man Puts Money Into 401(k) as if Future Existsthehardtimes.netGaribaldee@lemm.ee to The Onion@midwest.socialEnglish · 16 hours agomessage-square55fedilink
minus-squareGerudo@lemm.eelinkfedilinkEnglisharrow-up20·14 hours agoBruh, it’s pretax dollars in an account that 9 times out of 10 out performs interest rates. Even in huge downturns, it will bounce back thanks to stock market goes brrrrrrrrr
minus-squareTachyonTele@lemm.eelinkfedilinkEnglisharrow-up3arrow-down8·edit-210 hours agoI must have hit that 1 out of 10 shot. Bro.
minus-squareAtariDump@lemmy.worldlinkfedilinkEnglisharrow-up2·9 hours agoWhat if you only invested at market peaks
minus-squareIMongoose@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·11 hours agoIf you tried to use it in like 2009 then ya. But if you kept it until now it would be doing great.
minus-squareTachyonTele@lemm.eelinkfedilinkEnglisharrow-up1arrow-down6·10 hours agoObviously it’s doing “great”. That’s why I’m saying what im saying… Seriously? 2009?
Bruh, it’s pretax dollars in an account that 9 times out of 10 out performs interest rates. Even in huge downturns, it will bounce back thanks to stock market goes brrrrrrrrr
I must have hit that 1 out of 10 shot. Bro.
What if you only invested at market peaks
If you tried to use it in like 2009 then ya. But if you kept it until now it would be doing great.
Obviously it’s doing “great”. That’s why I’m saying what im saying… Seriously? 2009?