General Discussion
In reply to the discussion: Dow Jones Industrial Average hits 14,000 [View all]A HERETIC I AM
(24,368 posts)Last edited Sun Feb 3, 2013, 09:50 AM - Edit history (1)
And I have been working for firms both tiny and huge for well over 35 years. So with all due respect, I don't need a lecture about the pros and cons of the 401(k) or any of the rest of your points.
I get it, OK? I didn't just step off the yam wagon.
The fact remains that a rising market indicates confidence. That's a good thing.
Would you prefer it go down? Or stay flat? Just so your opinions in how the economy works are justified?
You know nothing about me or whether I "think your 401K has given you a vested interest in the stock market, which is exactly what the owners of capital want you think"
Unless you are or have been a licensed, registered member of the securities industry, I'm willing to bet I know more about 401(k) plans, Mutual Funds and how stocks and bonds work than you do.
I'm more than happy to converse intelligently about this subject with interested parties, but you can keep this kind of condescending bullshit to yourself;
"You are way too complacent, but you're not alone"