Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
9 replies, 710 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (1)
ReplyReply to this post
9 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Over 3 Trillion lost in 1 week... (Original Post)
pbmus
Feb 2020
OP
Dubya wanted SS privatized and highly recommended putting it into the stock market.
keithbvadu2
Feb 2020
#9
Ilsa
(61,694 posts)1. Not lost. It's in my mattress.
Sleep has been great this week.
Wellstone ruled
(34,661 posts)2. At 11 am Pacific,
Bloomberg News was reporting 6 trillion loss.
moondust
(19,972 posts)3. Bankruptcy King does it again!!!!
Igel
(35,300 posts)4. Expect revised wealth inequality numbers to be issued soon.
Or not. It wasn't until inequality exceeded 2008 levels that people stopped quoting the 2008 numbers.
Delphinus
(11,830 posts)5. Until I retire,
my pension is in the NASDAQ - nothing I can do about that.
Grateful our Social Security isn't tied to it.
former9thward
(31,981 posts)7. If your pension is a 401k they all have cash equivalent options.
None of them force you to be in a stock plan.
keithbvadu2
(36,775 posts)9. Dubya wanted SS privatized and highly recommended putting it into the stock market.
Dubya wanted SS privatized and highly recommended putting it into the stock market.
former9thward
(31,981 posts)6. Only lost if someone foolishly sold.
I hope no one did.
TexasBushwhacker
(20,174 posts)8. It really depends on how long it lasts
Of course, retirees should mostly have bonds in their portfolio, but many do not.