Under Biden, the market collapses

[Blaster]

Will the Media ALLOW any stories that associate Democrats with crashing 401k accounts?

I doubt it.

I've lost about half a mil since Biden took office.

You are putting too much of your money in the stock market.

 

[Blaster]

13 Ways To Invest That Don’t Involve the Stock Market

Learn how to invest money when you don’t want stocks.

www.gobankingrates.com

 

[ihealyou]

There's no correlation between Biden's presidency and the markets falling. Furthermore, I don't see how having Trump would make it any better. Your ignorance in the economical & marketing field is simply astonishing.

 

[Blaster]

There's no correlation between Biden's presidency and the markets falling.

Yes there is. Biden's policies have negatively impacted the stock market.

 

[ihealyou]

Yes there is. Biden's policies have negatively impacted the stock market.

Source?

 

[Blaster]

Source?

White House downplays inflation-fueled stock market losses

On Wednesday, White House press secretary Karine Jean-Pierre suggested that President Joe Biden and his administration were not concerned by his viral, split-screen moment from the day prior.

www.washingtonexaminer.com

 

[ihealyou]

White House downplays inflation-fueled stock market losses

On Wednesday, White House press secretary Karine Jean-Pierre suggested that President Joe Biden and his administration were not concerned by his viral, split-screen moment from the day prior.

www.washingtonexaminer.com

Thank you.

 

[Nova78]

Yep, the democrats are steaming piles of feces.
And the idiot followers keep on voting for these losers.

 

[Lisa558]

You are putting too much of your money in the stock market.

How do you know how much of her money is NOT in the market?

 

[Harpy Eagle]

How do you know how much of her money is NOT in the market?

I would guess it was this statement from her that gives a clue....I am living off the market,

 

[Blaster]

How do you know how much of her money is NOT in the market?

Her words, not mine.

 

[Lisa558]

Her words, not mine.

Then that is unfortunate. When Biden won, I moved about two years of stock into cash, figuring that he’d destroy the economy, the market would tank, and I could live off the cash until mid-terms when the full extent of his incompetence was felt.

So, I was right there, but underestimated how bad Biden would be. I’ve got about six more months in cash, and then I’ve got to start some selling. (In retrospect I wish I had moved even more to cash.)

Here’s another possibility to avoid having to sell in a down market for those of us over 62 and with little to no mortgage remaining. Take out a reverse mortgage, just to tide one over until sanity can be restored and the market starts to recover.