03-12-2020, 01:56 PM
(03-12-2020, 11:32 AM)michaelsean Wrote: A lot of people have 401Ks and IRAs in mutual funds that are invested in the market.
I know, I'm one of those people. The majority of people with those also don't realize any real gain or loss based on short-term market instability. Gallup, based on a survey, estimates about 55% of the American public being invested in the market, and the vast majority of those folks aren't even looking at it. They are ones with IRAs (which I won't even get into the pile of horse shit they are) who just know it is steadily accumulating funds as they work. It does not affect their daily lives in any way.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR