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bake ham for a lot of 401ks out there; DOW 400 points down..

d-dawg

Letterman and National Champion
Sep 25, 2001
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I wonder if something bigger is looming on the horizon. This China thing could make it worse than just a small correction.
 
Yeah if you started a 401K in the last 10 to 15 years then you are probably flatlined meaning the value of it is about what you have put in it unless you got lucky with a stock or two here and there.
 
The stock market has been artificially supported by low interest rates. Our economy is artificial. Wait til interest rates go back up, the fed has run out of options to manipulate the US economy. I fear it will get worse before better. Nothing has really changed in 7 years.
 
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Obama and 'Chelle need another multi-million dollar vacation (on the taxpayers dime) to get their minds right
 
It's all based on Israel and Shemittah. The last six stock market crashes came at the end of Shemittah and was related to the U.S. and Israel's covenant land. This year Shemittah ends on Sept 13. Also the year of Jubilee begins. Sept may be very very bad for stock market.
 
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Yeah if you started a 401K in the last 10 to 15 years then you are probably flatlined meaning the value of it is about what you have put in it unless you got lucky with a stock or two here and there.

Unless you're 401k is loaded with no-fee index funds, your going to be disappointed at cash out time - fees ruin your retirement savings.
 
I wonder if something bigger is looming on the horizon. This China thing could make it worse than just a small correction.
Mine wasnt hurt that much, got most of it in ETF s
 
Dow futures down 660 points ...Gulp!!! Hang on to your britches this is going to be a bumpy ride; Although it could be a great buying opportunity if your sitting on a little cash
 
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