Garibaldee@lemm.ee to The Onion@midwest.socialEnglish · 26 days agoNaive Man Puts Money Into 401(k) as if Future Existsthehardtimes.netexternal-linkmessage-square63fedilinkarrow-up1340arrow-down15
arrow-up1335arrow-down1external-linkNaive Man Puts Money Into 401(k) as if Future Existsthehardtimes.netGaribaldee@lemm.ee to The Onion@midwest.socialEnglish · 26 days agomessage-square63fedilink
minus-squareGerudo@lemm.eelinkfedilinkEnglisharrow-up9·26 days agoBruh, it’s pretax dollars in an account that 9 times out of 10 out performs interest rates. Even in huge downturns, it will bounce back thanks to stock market goes brrrrrrrrr
minus-squareTachyonTele@lemm.eelinkfedilinkEnglisharrow-up1arrow-down4·26 days agoI must have hit that 1 out of 10 shot.
minus-squareIMongoose@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·26 days agoIf you tried to use it in like 2009 then ya. But if you kept it until now it would be doing great.
minus-squareTachyonTele@lemm.eelinkfedilinkEnglisharrow-up0arrow-down1·26 days agoObviously it’s doing “great”. That’s why I’m saying what im saying… Seriously? 2009?
minus-squareAtariDump@lemmy.worldlinkfedilinkEnglisharrow-up0arrow-down1·26 days agoWhat if you only invested at market peaks
Bruh, it’s pretax dollars in an account that 9 times out of 10 out performs interest rates. Even in huge downturns, it will bounce back thanks to stock market goes brrrrrrrrr
I must have hit that 1 out of 10 shot.
If you tried to use it in like 2009 then ya. But if you kept it until now it would be doing great.
Obviously it’s doing “great”. That’s why I’m saying what im saying… Seriously? 2009?
What if you only invested at market peaks