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In reply to the discussion: Don't look at your 401K... DOW down 1100+ AGAIN. [View all]totodeinhere
(13,058 posts)13. I have lost a lot of money. My portfolio has not been doing well lately.
And with inflation running rampant I am afraid that I am going to need a lot more to retire on than I had previously thought. However, I am aware that global forces mostly out of the control of President Biden have caused this. I have no doubt that if Trump were still in office things would be much, much worse. I just hope that the electorate realizes this, but I have my doubts. So many voters are so stupid that I am afraid that the Democrats will be blamed for inflation and other ills even though such blame would be completely unfair.
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I have been trying really hard to avoid anything regarding the markets recently
nevergiveup
May 2022
#7
It was never intended to pay a livable benefit by itself. Maybe it should but it doesn't.
totodeinhere
May 2022
#14
It's just a current news story being shared amongst (mostly) like minded folks...
WarGamer
May 2022
#50
Anyone with an IQ over 60 knows that a POTUS has little control over such things...
WarGamer
May 2022
#44
when interest rates rise, stocks go down. and major retailers are hurting from supply chain issues
Demovictory9
May 2022
#42