The stock market is up, the stock market is down - who cares?Chances are - you don't even control the trades in your 401k.
Chances are - you have no idea which stocks currently are owned by your 401k.
Chances are - you probably have more money in your 401k than you directly invested in the first place.
How much should our economy grow?
In what areas should our economy grow?
Who even wants our economy to grow?
The market crash was really just an adjustment to more realistic pricing of our goods and services.
The problem was that everyone assumed that they had earned the right to live a life beyond that of their means.
Our economy just grew at a rate that could not be sustained (nor desired).
Our current slow growth should be desired.
It takes longer to build a stronger and more stable brick home than it does one made from straw.
People want fast growth and they are crazy to think things will return back to 2007 numbers. I know people hanging on to their houses thinking it will return to 400% growth*&(&
ReplyDeletePeople need to look up Japan and research the lost decade because we are 4 years into our lost decade.