this post was submitted on 19 Jan 2025
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Naive Man Puts Money Into 401(k) as if Future Exists (thehardtimes.net)
submitted 2 months ago by [email protected] to c/[email protected]
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[–] [email protected] 24 points 2 months ago (1 children)

Bruh, it's pretax dollars in an account that 9 times out of 10 out performs interest rates. Even in huge downturns, it will bounce back thanks to stock market goes brrrrrrrrr

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago) (2 children)

I must have hit that 1 out of 10 shot. Bro.

[–] [email protected] 8 points 2 months ago (1 children)

If you tried to use it in like 2009 then ya. But if you kept it until now it would be doing great.

[–] [email protected] 3 points 2 months ago (1 children)

Obviously it's doing "great". That's why I'm saying what im saying... Seriously? 2009?

[–] [email protected] 2 points 2 months ago (1 children)

If you're saying you're that 1 out of 10, then you made it sound like you lost money. Now you say your 401k is doing great? I'm sorry, I don't understand the point you're trying to make.

And yes, 09 was a shit show for 401ks/market value.

[–] [email protected] 1 points 2 months ago* (last edited 2 months ago)

What are you talking about? I never said it was doing great. I airqouted it, man. I'm done with all of this.