My 401K Update

[Norbert]

It is now slightly below what it was on election day 2024.

Thanks Donald, you dipshit.

[CousinIT]

1. Mine has lost over $15,000 - back to what it was in early Dec 2024

Wiping out EVERYTHING I've contributed between Dec and March PLUS several thousand more.

[unblock]

2. Local magats here are happy with their 301ks as long as trans women are banned from women's bathrooms

Such a cult. They literally can't even admit they the stock market plummeting 10% in 2 days is a bad thing.

[doc03]

3. My retirement IRA lost $14k yesterday and

close to $25k since "It" took office. I have a pretty conservative portfolio about 60% in fixed income.

[samnsara]

4. 600,000 in TWO DAYS! it took me YEARS to build up my retirement

i will be dead before it rebuilds.

[PoindexterOglethorpe]

6. If you are down $600k in two days,

what percentage of your investments is that?

[PoindexterOglethorpe]

5. But how much has it gained overall?

Stocks go up. Stocks go down. Over time they go up. And up. At the moment my various investment accounts are down from a few months ago. But overall? Very up.

It helps that I have an excellent financial guy. He started moving me from purely stock funds to mostly bond funds starting last November or so.

[Mountainguy]

10. That WAS the case

I don't think there's any guarantee it continues to be in the next few years.

[PoindexterOglethorpe]

12. People here always panic if the Dow drops

more than 20 points.

Bear in mind that there is ALWAYS recession under Republicans. Always. Be prepared for it.

[Mountainguy]

15. This is different even than that

[EdmondDantes_]

16. Could you expand on why you think it's different?

Trump isn't going to be around forever, the public is already angry, and the Republicans have a tiny majority in the House with a long history of putting the fun in dysfunctional so they aren't likely to do much other than a tax cut (which will be stupid, but reversible).

[Mountainguy]

17. Because

In past recessions we have not had a president both actively driving the downturn while also isolating us from the rest of the world.



He won't be here forever, but he's got kon enough to do a lot of damage that may not be quickly reversible. Not to mention to loss in standing and credibility worldwide.

[W_HAMILTON]

11. Over time they go up because Democrats get elected to fix the Republican fuck-ups that caused them to go down.

[Emile]

7. I'm afraid to look up my Morgan Stanley investments.

[Emile]

9. I'm down around $62,000.00 since Jan 20 2025.

and I'm not invested aggressively by any means.

Impeach and remove that orange piece of shit.

[Johonny]

8. I was down about 35,000$

It could be more as I didn't check end of day.

[phylny]

13. -$100,000

[Meowmee]

14. Yes similar

Moved now out of market to protected accounts but still in the ira and roth ira- we should’ve done that at the end of January high. This should be considered a crime whether it was done, intentionally or by stupidity.