Democratic Primaries

NYMinute

(3,256 posts)

21. Tell that to someone who has money in 401-K

Thu Jan 9, 2020, 10:18 PM

Jan 2020

The "markets" is what pays for many people to survive in their old age from money accumulated over the years.

Stock can be encashed every day, all day. the "other good things" you speak of only sound good are are only for Bernie-world.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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Billionaire Jeffrey Gundlach says the 'biggest risk' for markets in 2020 is a Bernie Sanders win [View all] NYMinute Jan 2020 OP

Good. I say go for it. dchill Jan 2020 #1

An endorsement like that could make me change to Bernie rurallib Jan 2020 #2

Bazinga! bluewater Jan 2020 #3

BAM!!!!!!!! JoeOtterbein Jan 2020 #4

Love your response rural Farmer-Rick Jan 2020 #8

The point of the post was that many of us are invested, not only the rich. The effects of a market emmaverybo Jan 2020 #10

This is true but I put as much stock (no real pun intended) in what Mr. Gundlach rurallib Jan 2020 #13

Yes, and yet... The Valley Below Jan 2020 #18

They don't need help from Bernie to tank the Economy, They do that quite well on their own. vsrazdem Jan 2020 #19

If you're invested you should be prepared to lose it because it's happened before (2008) Doremus Jan 2020 #43

Yup! Champion Jack Jan 2020 #15

Seriously!! Let's start taking advice from billionaires... sheeesh!! InAbLuEsTaTe Jan 2020 #29

Beat me to it lame54 Jan 2020 #35

I agree... Mike Nelson Jan 2020 #5

I disagree. The Dems manage the economy better spooky3 Jan 2020 #27

84% of all stocks owned by Americans are owned by the richest 10% Farmer-Rick Jan 2020 #6

The real problem about Sanders is things like this still_one Jan 2020 #7

He has skin in the game so I can only take his word as fear mongering There are other risks involved beastie boy Jan 2020 #9

That is exactly what would happen still_one Jan 2020 #11

Some here are rejoicing that a billionaire is hurting NYMinute Jan 2020 #12

Cutting off their noses to spite their faces LongtimeAZDem Jan 2020 #17

Wow, that's fantastic. Now I know I'm supporting the right candidate Autumn Jan 2020 #14

In reality there is no risk in the markets and there won't be bucolic_frolic Jan 2020 #16

"The Markets" As Exemplified in Wall Street Are Not Actual Wealth. Ron Green Jan 2020 #20

Tell that to someone who has money in 401-K NYMinute Jan 2020 #21

The Collapse is coming. Ron Green Jan 2020 #22

... NYMinute Jan 2020 #25

Well, that's a pithy reply. Ron Green Jan 2020 #39

Sorry. Hyperboles a la Sanders make me laugh. NYMinute Jan 2020 #42

It's troubling to know that Union Pension Funds aren't really doing well... brooklynite Jan 2020 #24

Union pensions are heavily into the markets. nt NYMinute Jan 2020 #28

We know. Cha Jan 2020 #23

Oh no my 409k might go down texasfiddler Jan 2020 #26

This has been a repub talking point for every election I can remember Bradshaw3 Jan 2020 #30

The average Joe is heavily into the markets NYMinute Jan 2020 #31

Totally wrong Bradshaw3 Jan 2020 #32

That is just plutophobia nt NYMinute Jan 2020 #33

No it's a fact and your response says it all Bradshaw3 Jan 2020 #36

What difference does how much stock the rich hold make? NYMinute Jan 2020 #38

Can't admit you are wrong I see Bradshaw3 Jan 2020 #40

The point is that everyone would get hurt if Bernie Sanders is POTUS NYMinute Jan 2020 #41

The markets like stability and currently have great favor with respect to taxes and regulations. TidalWave46 Jan 2020 #34

So the guys who destroyed the economy are worried Sanders will destroy the economy booley Jan 2020 #37