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former9thward

(33,424 posts)

6. Most people who work have a retirement account with investments.

Reply to Alexander Of Assyria (Reply #2)

Mon Jun 13, 2022, 03:30 PM

Jun 2022

So yes, the market is a concern to most people. You seem to be suggesting gas prices are meaningless because of inflation. Yeah that is a great talking point. Folks, gas prices are not really so bad, its just the galloping inflation which makes them look bad as well as destroying your take home pay...

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S&P 500 slumps into bear market, Dow dives 875 points as 2022 losses accelerate [View all] former9thward Jun 2022 OP

The economy is driving the nation to a fascist regime. Gas prices will be the end of the Union. dem4decades Jun 2022 #1

I wouldn't worry about the earth ending for a long, long time. SemiHalfling Jun 2022 #21

The stock market is the least of anyones concern, except the stock market loving mass media. Alexander Of Assyria Jun 2022 #2

I beg to differ with you. My portfolio has taken a nosedive. totodeinhere Jun 2022 #3

I'm in that boat hibbing Jun 2022 #4

Capitalism has its ups and downs, for sure that's a pain. Alexander Of Assyria Jun 2022 #5

Yes, my wife and I are 60 and we both have built up considerable retirement funds LymphocyteLover Jun 2022 #29

Well, there may be something you can do. totodeinhere Jun 2022 #35

Yes, thanks. I'm waiting to see if this downturn continues much longer. It's still up relative to LymphocyteLover Jun 2022 #38

Most people who work have a retirement account with investments. former9thward Jun 2022 #6

Suggested gas prices are ...meaningless?...is not what was said...that's someone else's words. Alexander Of Assyria Jun 2022 #7

So what was your point about gas prices and inflation? former9thward Jun 2022 #8

To whom should we attribute these words? mahatmakanejeeves Jun 2022 #9

Most people are invested in the stock market to some degree. As we should be. oldsoftie Jun 2022 #10

Do you think retirees seeing their accounts decimated are going to vote for the party in power ? MichMan Jun 2022 #18

Most retirees in the market bought those stocks before the big run up Warpy Jun 2022 #22

Still seeing rapid declines in their investment accounts and high inflation MichMan Jun 2022 #24

That's why old folks in the country used to move to town Warpy Jun 2022 #30

My investment in retirement account can't take much more of this FloridaBlues Jun 2022 #11

Best to get the capitulation out of the way NOW. It will/should help inflation too oldsoftie Jun 2022 #12

The timing is not great for us since it's an election year IronLionZion Jun 2022 #13

Guess I will financially lay low for a while. Crowman2009 Jun 2022 #14

The time to do that was January. mahatmakanejeeves Jun 2022 #32

The way things are looking, it's feeling more and more like The Shock Doctrine purr-rat beauty Jun 2022 #15

Once there are those who are prone to sell on a bear market signal sell, signficantly sell; empedocles Jun 2022 #16

The worst thing around here is the denial The Mouth Jun 2022 #17

There is always that element here that is gleeful whenever the market drops precipitously MichMan Jun 2022 #20

It is bad but there's no doubt the administration is doing what they can to mitigate LymphocyteLover Jun 2022 #26

Why was the market booming in the first place Warpy Jun 2022 #19

The S&P 500 is still above its level on any date before the end of December 2020 muriel_volestrangler Jun 2022 #23

Don't see that being a winning message MichMan Jun 2022 #25

yes, though that won't be the case if it continues this decline LymphocyteLover Jun 2022 #27

Stocks have been over-valued for a while and we were due for a correction LymphocyteLover Jun 2022 #28

More bad news. beaglelover Jun 2022 #31

Looks like the Fed gonna jack up interest another 0.75, glad I refinanced last year 2.5% Shanti Shanti Shanti Jun 2022 #33

I did the same last year. Great rate! beaglelover Jun 2022 #34

Nice! I got an e-bike this year, before their prices jump and their batteries go up too Shanti Shanti Shanti Jun 2022 #36

I'm not a pro when it comes to the stock market, but this is what I believe. Dysfunctional Jun 2022 #37