The New Exchange
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
1 of 1- tennyson
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Got a 401K tied to the market ?
Well,if you do then you should be happy about the chart below which talked about in the MarketWatch article. Presidents like to crow when the economy is good and hide when it is bad. We DID have things that got fixed after the 2008 meltdown that were needed, BUT there are still others that need to be fixed that could endanger further recovery.
But, for now, IF you are like most and have a 401K that is supporting your existing or upcomming retirement be thankful for the history of financial gains for your investments. 
Last edited by tennyson (3/04/2016 6:02 pm)
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
- tennyson
- Exchanger
Offline
- Registered: 2/06/2015
- Posts: 6,654
Re: Got a 401K tied to the market ?
BTW, this is ALSO good news for private and public pensions that do a lot of their investing in the market as well.
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
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