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@Garibaldee@lemm.ee to The Onion@midwest.socialEnglish • 4 months ago

Naive Man Puts Money Into 401(k) as if Future Exists

thehardtimes.net

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Naive Man Puts Money Into 401(k) as if Future Exists

thehardtimes.net

@Garibaldee@lemm.ee to The Onion@midwest.socialEnglish • 4 months ago
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Local naive man Collin Blakeman blissfully contributed savings to his 401(k) despite the fact there is no future in which he will be able to use them.
  • @brlemworld@lemmy.world
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    6•4 months ago

    Not true. https://www.fool.com/investing/2024/07/05/average-stock-market-return-democrat-republican-pr/

    • @CleoTheWizard@lemmy.world
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      4•4 months ago

      Simple starting and ending prices don’t prove this point. Performance isn’t a simple number that you can put over 4 years because not everyone is investing in 4 year periods.

      Trump had the worst crash we’ve ever had under him. Bush was also awful. Might as well ignore everything before that for being decades out of date.

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