LogFAQs > #912761813

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Topic	Everyone's 401ks are down right?
EndOfDiscOne 11/20/18 7:34:16 PM #49:	Anisoptera posted... so where is my money? What's the point of a 401k when the money can disappear just because? 4% of a paycheck is a lot of money. I would rather keep extra money in savings for now. There has never been a 10 year period of stock market decline. If you take it on faith that that trend will continue, over time your 401k will earn way more than a shitty savings account. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:912761813] in Everyone&#... [t:77221226]...</cite> <quote><cite>Anisoptera posted...</cite> <quote>so where is my money? What's the point of a 401k when the money can disappear just because? 4% of a paycheck is a lot of money. I would rather keep extra money in savings for now.</quote> There has never been a 10 year period of stock market decline. If you take it on faith that that trend will continue, over time your 401k will earn way more than a shitty savings account. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED!</quote> ... Copied to Clipboard!
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