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3
Posted on 5/17/24 at 5:03 am to ronricks
Not strange at all. Inflation makes my 401k and Roth IRA real gains much more modest and less than the real gains I had before when inflation was at 2%.
By your logic we should encourage inflationary practices because hur hur numbers get bigger.
By your logic we should encourage inflationary practices because hur hur numbers get bigger.
Posted on 5/17/24 at 5:35 am to ronricks
quote:
Trump loved to talk about peoples 401k’s when he was President. Wonder why he is silent now since DOW is much higher than when he was in office? Kinda strange.
When he was president, you could buy products at reasonable prices. Kinda strange you haven't noticed the rapid acceleration of the costs of pretty much everything. In the past few years, I hit some milestones in my savings, but I feel less confident in the value. I feel like retirement is farther away than I did a few years ago.
Posted on 5/17/24 at 6:45 am to ronricks
quote:
Wonder why he is silent now since DOW is much higher than when he was in office? Kinda strange.
Monkeys in cages think it is 'kind of strange' that human beings seem to wear clothes.
congrats.
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