General Discussion
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the markets are robbing us. The market goes up: I lose a few bucks, the market drops: losses accelerate, market rebounds: I'm left behind.
Luckily, I don't have much in there, but if people are depending on their investments, they are in a bad place.
Walleye
(31,008 posts)Its not like you could put the money in the bank, because it would have been eaten up without any interest
onecaliberal
(32,824 posts)Its all rigged AGAINST us. They own the people who could change it so yeah
cilla4progress
(24,726 posts)LakeVermilion
(1,039 posts)just sayin'.
Abnredleg
(669 posts)Ive been invested on low cost index funds for over 30 years, and while Ive seen several recessions, overall the market has averaged about 8%. The market is rather frothy at the moment but you have to look at it as being at the end of a long bull market which has to come to an end at some point. The market dropped 50% in 2008 but recovered in five years and gained 200% since then, which means 401ks are at record levels, which in turn was a major factor in the Great Resignation we keep reading about.
If you are a long ways from retirement then you just ride out down markets. If you are close to retirement then you should have shifted a portion of your portfolio in to bonds to buffer loses in the market. Im 50/50 stocks/bonds.
Response to LakeVermilion (Original post)
Mary in S. Carolina This message was self-deleted by its author.
Pantagruel
(2,580 posts)the SPY appears to have outgained median U.S. housing prices? I guess it depends on where you own or what stocks you invest in.
Response to Pantagruel (Reply #7)
Mary in S. Carolina This message was self-deleted by its author.
Pantagruel
(2,580 posts)V. the U.S. median home price, it appears stocks return a bit more. All kinds of caveats but look it up and see for yourself.
Response to Pantagruel (Reply #9)
Mary in S. Carolina This message was self-deleted by its author.