Over 3 Trillion lost in 1 week...

[pbmus]

Link to tweet

[Ilsa]

1. Not lost. It's in my mattress.

Sleep has been great this week.

[Wellstone ruled]

2. At 11 am Pacific,

Bloomberg News was reporting 6 trillion loss.

[moondust]

3. Bankruptcy King does it again!!!!

[Igel]

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]

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]

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]

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]

6. Only lost if someone foolishly sold.

I hope no one did.

[TexasBushwhacker]

8. It really depends on how long it lasts

Of course, retirees should mostly have bonds in their portfolio, but many do not.