Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Bonds are not about making money. They are about holding money. If you move money out of the market and into bonds during the highs, and then move out of bonds and into stocks during the lows, you will make money.

The Fed keeps interest rates artificially low, as another welfare program for billionaires, banks, and big corporations who can borrow at prime rates or less.. That needs to end and interests rates doubled to reflect real inflation.
 
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Bonds are not about making money. They are about holding money. If you move money out of the market and into bonds during the highs, and then move out of bonds and into stocks during the lows, you will make money.

Depends on what you pay for them. If you get them at 75% of face value on 6% notes, like Jacob Astor did with Erie Canal bonds and govt. notes during the 1812 war, or Michael Milken's junk bonds at 60% face value on 8%-10% notes, who is going to claim they're not making money?
 
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

“I looked at my 401(k) this morning and in the last two days that’s lost $58,000. That’s stressful,” said Victor Fettes, 54, of Georgia, who retired last week as a senior director of risk management and compliance at Verizon. “If that continues, I can’t stay retired.”


But...that price of eggs!!
 
My portfolio must be several orders of magnitude larger than yours if you can truthfully claim your portfolio gained 20% this week.

I have to wonder why you are such a dick? Is it because you know you are incompetent?

I made it without buying or selling a single share, dumbass. Like I said, you are generally clueless and just google scholaring platitudes. Stick to claiming your '1,200% weekly returns n stuff', then try to get Poor Richard's last $30 out of his lunch money savings.

The clown who name dropped 'Black-Scholes' is particularly hilarious, obviously oblivious to how one of those two' Nobel Prize Winning Economists N Stuff' failed miserably in their company's trading scams and the market had to be bailed out yet again in the 1990's, and of course learned nothing and went on to need a far bigger bailout later on by repeating the exact same stupidity.


The book on the scam is much more detailed and better, but I doubt many here have that kind of attention span, and can't even read small posts here correctly for that matter.
 
^^^
Supports the globalist Elon Musk.
only on cutting some waste.

his electric cars and human brain implants should be shunned and avoided.

he is a technocrat con man.

proceed with caution.

but at least he's against transing children, something you cant claim.
 
you suck at thinking.

at least Edwin understands its a game.

you're the dumb money.

Also the moron thinks making high percentage returns with a huge pile is easier than with a small one for some reason; lol the goof doesn't have a clue and keeps proving it with every post. He failed basic arithmetic. Just look at the dipshits chasing the Big Seven around, some with revenues of 2 or 3 cents a quarter and selling for hundreds per share, and pay zero dividends to boot. And they're probably lying about the 2 or 3 cents as well.
 
only on cutting some waste.

his electric cars and human brain implants should be shunned and avoided.

he is a technocrat con man.

proceed with caution.

but at least he's against transing children, something you cant claim.

The more technocrats control, the bigger the crashes and bailouts get as time rolls on.
 
only on cutting some waste.

his electric cars and human brain implants should be shunned and avoided.

he is a technocrat con man.

proceed with caution.

but at least he's against transing children, something you cant claim.
He's not cutting waste, Fredo. He's simply moving taxpayer money from government workers into his own pocket.
 
I made it without buying or selling a single share, dumbass. Like I said, you are generally clueless and just google scholaring platitudes. Stick to claiming your '1,200% weekly returns n stuff', then try to get Poor Richard's last $30 out of his lunch money savings.
ROFLMAO. You must be drunk this early in the morning because you can't even keep track of who you are talking to.
The clown who name dropped 'Black-Scholes' is particularly hilarious, obviously oblivious to how one of those two' Nobel Prize Winning Economists N Stuff' failed miserably in their company's trading scams and the market had to be bailed out yet again in the 1990's, and of course learned nothing and went on to need a far bigger bailout later on by repeating the exact same stupidity.


The book on the scam is much more detailed and better, but I doubt many here have that kind of attention span, and can't even read small posts here correctly for that matter.
I guess you don't quite understand the meaning of the word "risk."
 
ROFLMAO. You must be drunk this early in the morning because you can't even keep track of who you are talking to.

lol now there's a projection for us .... you're all the same people, same narratives, same parrots, not any differences; now you're claiming you have this big amount of money n stuff, same as your other parrots.

I guess you don't quite understand the meaning of the word "risk."

I don't have to guess that you're an idiot and don't have a clue. And, you can't even read past a 4th grade level.
 
lol now there's a projection for us ....
I know I was talking to you. You on the other hand were talking to me and thought you were talking to Walt.
I don't have to guess that you're an idiot an don't have a clue. And, you can't even read past a 4th grade level.
That is your problem. You think your conclusions aren't guesses. That only works until you run into a black swan event.
 
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