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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe DOW is back to its November 24, 2017 value, 2 years and 4 months of gain wiped out.
don't look at your 401k
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The DOW is back to its November 24, 2017 value, 2 years and 4 months of gain wiped out. (Original Post)
Demovictory9
Mar 2020
OP
6,000 points- 20% is a lot in less than a month but it was overvalued at record high
wishstar
Mar 2020
#2
Money, including debt, is the lifeblood of the economy. That is all slowing down.
empedocles
Mar 2020
#6
Totally Tunsie
(10,885 posts)1. As Chump always asks...
"How's your 401(k) looking these days?"
wishstar
(5,268 posts)2. 6,000 points- 20% is a lot in less than a month but it was overvalued at record high
since it was so high at the peak, we can probably expect another 2,000 to 4,000 lower before final bottom.
empedocles
(15,751 posts)6. Money, including debt, is the lifeblood of the economy. That is all slowing down.
Final bottoms, hard to predict.
lapfog_1
(29,194 posts)3. too late... and I am nearing retirement.
sigh.
Guess I better plan on working until I'm 68 or 70.
Still, that is younger than anyone left running for President in 2020.
Phoenix61
(16,994 posts)4. Damn! nt
Chainfire
(17,474 posts)5. No worries
The big investors will get bailed out; too big to fail. Your 401K, so sorry.
When people start staying home, their is not guessing where the markets will bottom out.