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Originally Posted by otisotisotis
that's hilarious....history dictates that this is the perfect time to be buying into the market...the 'rich folks' are getting stocks at less than wholesale while you-the chicken little types- take your money and run from the very system you kneel to, because wasn't it a republican regime that began pushing the 401k system on working class people?
corporate America has been so fat & greedy for so long (i.e. jobs overseas, flat lined wage increases for employees, etc.) they have forgotton on whose backs they have ridden.
Like all tough times, the lean, intelligent, & innovative will survive and be stronger for the lesson.
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Yeah they are making a killing buying stocks lately. Dow down 2000 points since Jan 2nd. Keep buying right?
Corporate America is what brought prosperity to this country which deep thinkers like you seem to have forgotten. And for those like you who choose to depend on Social security for your retirement, good luck to you. A 401k account is hardly for the rich.