2021 Stock Market
- Thread starter Mtowncyclone13
- Start date
A class action lawsuit is cheaper than losing a few billion. Unreal. This is so blatant it might be worse than 2008 of Tom foolery (though it won't tank a global economy)
My old boss has 100% of his 401 in employer stock because he likes the divi
Major fuckery going on right now. Major fuckery.
Brass balls.
One of my former employers was part of a super duper big bank failure back in '08.
Still playing catch up. A little diversification isn't a bad thing.
I just took a look at all of my 401k investment options. If you put 100% in the absolute worst investment:
YTD- -4.65%
One Year 1.87%
3 year 1.95% annualized (short term fixed income)
In summary, it would have been nearly impossible to lose money in your 401k over the last 3 years.
If she would have chosen the S&P 500
1 year-18.36
3 year-14.13
5 year-15.15
10 year-13.81
YTD- -4.65%
One Year 1.87%
3 year 1.95% annualized (short term fixed income)
In summary, it would have been nearly impossible to lose money in your 401k over the last 3 years.
If she would have chosen the S&P 500
1 year-18.36
3 year-14.13
5 year-15.15
10 year-13.81
Financial Times tried to say that this is connected to the alt-right. CNBC was saying that this could be linked to similar movements as MAGA and Occupy Walls Street.
Hedge funds are literally throwing whatever mud they can at the wall to get the retail side off this stock. This SCREAMS of desperation.
Hedge funds are literally throwing whatever mud they can at the wall to get the retail side off this stock. This SCREAMS of desperation.
lol @ $12k 401k loss at age 40. Sorry thanks for the laugh.
She buying in at lower prices, which will long term translate into more gains.
She buying in at lower prices, which will long term translate into more gains.
I don't know if any investment option in my retirement account could possibly lose 7-8x that of the broader market.
I'd be really curious to see her holdings. It doesn't make any sense and, if true, she needs to remedy it.
EDIT: I thought she lost 55-60k. nvm. 12k seems excessive but no biggie.
The media is there to protect their elites. That isn't limited to any particular situation it encompasses elites as a whole, whether it comes to the stock market, or.............................anything.
Facebook is basically taking any post down that has anything to do with what happened or antying that tries to explain what happened. Not really sure why they are doing it. It's a pretty simple thing that happened. It's not alt right or alt left or whatever. It's a bunch of pissed off people, who figured out a way to do this.
This is partially tied to the stock trading site Robinhood, blocking users from buying Gamestop stock (along with other stocks). However, Hedge fund managers can still buy it.
If anyone wants to see some loss porn becauce of this absolutfuckery
Robinhood backlash: What you should know about the GameStop stock controversy
Lawmakers, regulators and Reddit aren't happy with the popular investing app.
www.cnet.com
TL / DR billionaire hedge funds are going bankrupt due to them short selling. Can't let that happen so we'll block the ability some the average joe to purchase that stock certain stock.
Power to the people = Less power to the elites. That's why I was recommending to dump GME. Too much power is aligned against the little guy. Power usually wins.
