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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsevery vote for Brexit
cost $114,700.
estimated 2 Trillion dollar loss world wide due to stock market and asset selloff. 17,500,000 voting to leave.
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every vote for Brexit (Original Post)
lapfog_1
Jun 2016
OP
It doesn't just affect those who can afford it; it affects pensions, jobs, general economy, etc.
LeftishBrit
Jun 2016
#7
Press Virginia
(2,329 posts)1. The poor 1%ers
It's paper.
lapfog_1
(29,239 posts)2. well. my 401k took a hit
not $114K, but something.
Press Virginia
(2,329 posts)3. Only on paper. With dollar cost averaging
you'll end up making it back and then some.
pangaia
(24,324 posts)4. I lost only about..well..miniscule
Pondx, dltnx, Mitfx, atfax....Pondx down about .60, the others up nearly the same.
Whew!!!
840high
(17,196 posts)5. Sobbing for them.
LeftishBrit
(41,212 posts)7. It doesn't just affect those who can afford it; it affects pensions, jobs, general economy, etc.
The UK has lost more money in a day than it ever gave to the EU.
We MAY recover, but not if we keep listening to the likes of Farage.
Press Virginia
(2,329 posts)8. It's a paper loss.
msongs
(67,478 posts)6. it bounces back. only a loss if you sell out nt
SickOfTheOnePct
(7,290 posts)9. Exactly
The markets abhor surprises, and this was a huge surprise.
It may take a few weeks, but the markets will recover, the UK won't fall off the economic cliff, and the world will survive.