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It’s always projection
If they weren’t, they wouldn’t have voted for you dumbass!
The people who voted for him aren’t the ones selling their stock.
They should be, if only to buy the collapse.
Yes, you people are so weak. I believe some say you are the weakest people ever. So stupid.
Great suffering!
The best suffering ! Huge !
Yuge, even! 🤣
I pulled my entire 401k from the market in hopes that it would increase the sell-off. Fuck around and find out stage is where we are. Dude wants to go full fascist. Well, the only thing fascists understand is economics, so that’s where we will hit them.
Sadly, it will affect us too, but, id rather be poor than sitting in a camp somewhere for disagreeing with the government.
I just had a talk with my wife about this as well. Do we pull it, knowing that it’ll get hit with the 10% fee. But then put it back in after the market is absolutely crash? Like…I’m assuming it’s going to get a lot worse …
You can transfer it to an pre-tax IRA with no penalty. I found an IRA at a credit union that is NCUA insured (similar to FDIC) which means it can’t lose money. The interest rate is low, though.
Can you transfer it back afterwards?
Yes, but if you don’t like your IRA for some reason, you can also just transfer it to a different IRA. Some IRAs do invest your money into the stock market, so they can have high interest rates (and risk). All IRAs have the advantage of being fully under your own control, unlike 401k’s which are substantially controlled by your employer.
Note that you can only do one “rollover” per year, but transfers are unlimited. Whenever you move money between any of these pre-tax accounts, try to make sure it will be a “transfer”, not a rollover.
Mine had a money market fund which isn’t stock-based.
Probably not just 10%, but potentially taxed as income.
I didn’t take it out, I sold the whole thing and bought foreign stocks. So I wasn’t investing in rhe U.S. market.
But then put it back in after the market is absolutely crash?
That’s not how a 401k works. You can’t just freely put money in to it.
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Do as I say, not as I do
Trump is both weak and stupid, that’s why Putler has a nice pink little leash around Donald’s neck.
Sit, Krasnov, sit. Good dog.
Woof!
Hey, you’re not Ubu!
HODL! Diamond hands!
This is cult talk.
We’re still going to the moon! It’s on the other side of the earth, straight down.
I don’t have a choice but to HODL. Who would want to sell for a loss? It’s going to be a long time before I retire, so I can wait for sanity to be restored to the Oval Office and/or Congress.
“Yeah guys, don’t be week and stupid, just lose all your money and die!” Or you know, go fuck yourself Mr. C. Dump
"I’ve got that covered!”, he continued.
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Coming from him that means absolutely nothing.
Carter haters, where ya at? You shat on my boy until the day he died for a much more eloquently delivered request for austerity in the face of economic hardships. Surely this will turn you against Trump forevermore, right?
Yeah, but Carter was for pussy bullshit like…checks notes…wearing a SWEATER. And turning down the THERMOSTAT. That’s some real soy boy shit! Manly macho man Ronnie Raygun wasn’t going to go for any of that WUSSY SOLAR SHIT, he was going to burn oil, goddamn it!!! And real macho manly man donvict is going to DRILL BABY DRILL…
/s
nothing feeds stupidity more than the urge to not admit you were wrong
Has Trump ever had to worry about where his next meal is coming from?
When there is no McDonald’s around
Donvict the pampered little tweedums probably never even had to open a box or a can and throw something in the microwave. Meaning the closest he ever came to putting any effort ever into even meal preparation was probably his McD’s bullshit photo-op.