Garibaldee@lemm.ee to The Onion@midwest.socialEnglish · 18 hours agoNaive Man Puts Money Into 401(k) as if Future Existsthehardtimes.netexternal-linkmessage-square62fedilinkarrow-up1607arrow-down16
arrow-up1601arrow-down1external-linkNaive Man Puts Money Into 401(k) as if Future Existsthehardtimes.netGaribaldee@lemm.ee to The Onion@midwest.socialEnglish · 18 hours agomessage-square62fedilink
minus-squareGerudo@lemm.eelinkfedilinkEnglisharrow-up21·17 hours 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-up3arrow-down9·edit-212 hours agoI must have hit that 1 out of 10 shot. Bro.
minus-squareIMongoose@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·14 hours 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-up1arrow-down8·12 hours agoObviously it’s doing “great”. That’s why I’m saying what im saying… Seriously? 2009?
minus-squareAtariDump@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·11 hours 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. Bro.
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