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    All Forums | Penalty Box

    How embarrassing for Biden supporters.

    «First Previous 222324 ... 333435 Next Last»
    kagakuotoko
    Raiders22
    cd329
    BigGame90
    kcblitzkrieg
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    kagakuotoko
    kagakuotoko
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    Posts: 931
    Posted: Apr. 7, 2025 - 10:41 AM ET #526

    Man... the covers politics board STILL does not miss with non-stop craziness.

    Just a clown... doing clown things
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    Man... the covers politics board STILL does not miss with non-stop craziness.

     
    Raiders22
    Raiders22
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    Joined: Dec, 2010
    Posts: 33737
    Posted: Apr. 7, 2025 - 11:52 AM ET #527

    2021 high 36488

    2002 low 28725

    -7763

    -21.3%

    peace_5

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    2021 high 36488

    2002 low 28725

    -7763

    -21.3%

    peace_5

     
    cd329
    cd329
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    Posts: 23702
    Posted: Apr. 7, 2025 - 12:21 PM ET #528

    Even if biden was in a coma the last 4 years, country was still in the best shape of any other country in the world and clearly was better then what trumpy has managed to do in 60 days. So whoever was calling the shots while biden was in a coma, good joban_clap

    Biden admin left trumphy with the economy heading in the right direction, only to be destroyed by an insane criminal con artist, whos only goal in life is to steal and destroy shitthumbs_down

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    Even if biden was in a coma the last 4 years, country was still in the best shape of any other country in the world and clearly was better then what trumpy has managed to do in 60 days. So whoever was calling the shots while biden was in a coma, good joban_clap

    Biden admin left trumphy with the economy heading in the right direction, only to be destroyed by an insane criminal con artist, whos only goal in life is to steal and destroy shitthumbs_down

     
    BigGame90
    BigGame90
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    Posts: 5069
    Posted: Apr. 7, 2025 - 12:31 PM ET #529

    @cd329

     Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. 

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    @cd329

     Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. 

     
    cd329
    cd329
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    Posted: Apr. 7, 2025 - 1:44 PM ET #530

    Quote Originally Posted by BigGame90:

    @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now.

    and thats my choice.  Its my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this.

    your post: Are you watching your 401k just crumble right now and letting it effect you?   one of the dumbest posts i have ever read on covers in all my years being here.

    Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help an_hammer

     

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    Quote Originally Posted by BigGame90:

    @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now.

    and thats my choice.  Its my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this.

    your post: Are you watching your 401k just crumble right now and letting it effect you?   one of the dumbest posts i have ever read on covers in all my years being here.

    Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help an_hammer

     

     
    BigGame90
    BigGame90
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    Posts: 5069
    Posted: Apr. 7, 2025 - 2:17 PM ET #531

    Quote Originally Posted by cd329:

    Quote Originally Posted by BigGame90: @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. and thats my choice.  Its my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this. your post: Are you watching your 401k just crumble right now and letting it effect you?   one of the dumbest posts i have ever read on covers in all my years being here. Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help

     

     

    Delusional. Yeah man, I'm the reason your 401k is going down. You have no idea why your 401k is going lower. You probably have no clue what's even in your 401k. Keep blaming the average citizen (who's racked up massive debts to get your 401k up), Trump and NOT the banks, those leveraged to the tits or the FED for your 401k. 

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    Quote Originally Posted by cd329:

    Quote Originally Posted by BigGame90: @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. and thats my choice.  Its my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this. your post: Are you watching your 401k just crumble right now and letting it effect you?   one of the dumbest posts i have ever read on covers in all my years being here. Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help

     

     

    Delusional. Yeah man, I'm the reason your 401k is going down. You have no idea why your 401k is going lower. You probably have no clue what's even in your 401k. Keep blaming the average citizen (who's racked up massive debts to get your 401k up), Trump and NOT the banks, those leveraged to the tits or the FED for your 401k. 

     
    kcblitzkrieg
    kcblitzkrieg
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    Joined: Jan, 2008
    Posts: 7997
    Posted: Apr. 7, 2025 - 2:43 PM ET #532

    @BigGame90

    401k account allocations for retirees or about to retire should be no where close that heavy to equities that a 10-20% drop wipes you out "before you have enough years to get the money back".  Sounds like extremely poor planning to me.  

    "people like you" lmao an_roll_laugh its all your fault BG!!! 

    You will not survive here. You are not a wolf, and this is the land of wolves now...
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    @BigGame90

    401k account allocations for retirees or about to retire should be no where close that heavy to equities that a 10-20% drop wipes you out "before you have enough years to get the money back".  Sounds like extremely poor planning to me.  

    "people like you" lmao an_roll_laugh its all your fault BG!!! 

     
    Raiders22
    Raiders22
    Legend
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    Joined: Dec, 2010
    Posts: 33737
    Posted: Apr. 7, 2025 - 4:17 PM ET #533

    2021 high 36488

    2022 low 28725

    -7763

    -21.3%

    Should have been 2021 high and 2022 low

    an_cheers

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    2021 high 36488

    2022 low 28725

    -7763

    -21.3%

    Should have been 2021 high and 2022 low

    an_cheers

     
    cd329
    cd329
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    Joined: Mar, 2004
    Posts: 23702
    Posted: Apr. 7, 2025 - 6:08 PM ET #534

    Quote Originally Posted by BigGame90:

    Quote Originally Posted by cd329: Quote Originally Posted by BigGame90: @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. and thats my choice.  Its my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this. your post: Are you watching your 401k just crumble right now and letting it effect you?   one of the dumbest posts i have ever read on covers in all my years being here. Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help     Delusional. Yeah man, I'm the reason your 401k is going down. You have no idea why your 401k is going lower. You probably have no clue what's even in your 401k. Keep blaming the average citizen (who's racked up massive debts to get your 401k up), Trump and NOT the banks, those leveraged to the tits or the FED for your 401k.

     

    you and the rest of the magas that put an insane guy who has no clue how to run a business let alone the country.  Magas watched trumpy on tv and thought he was some great businessman, not realizing that shit was all make believe. Trumphys dad gave him 500 million and he lost all that. If the banks werent bailing out trumphy for years, cause they didnt want to go down with the ship, this clown would be looking for a job at burger king, instead of running our country into the ground with bad economics. I look forward to trumphy bringing back all the factories, like the ones that will make all our clothes lmfaooooooooo.

    Oh and i guess am not the average citizen, only maga cult members get the title of citizen

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    Quote Originally Posted by BigGame90:

    Quote Originally Posted by cd329: Quote Originally Posted by BigGame90: @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it effect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. and thats my choice.  Its my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this. your post: Are you watching your 401k just crumble right now and letting it effect you?   one of the dumbest posts i have ever read on covers in all my years being here. Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help     Delusional. Yeah man, I'm the reason your 401k is going down. You have no idea why your 401k is going lower. You probably have no clue what's even in your 401k. Keep blaming the average citizen (who's racked up massive debts to get your 401k up), Trump and NOT the banks, those leveraged to the tits or the FED for your 401k.

     

    you and the rest of the magas that put an insane guy who has no clue how to run a business let alone the country.  Magas watched trumpy on tv and thought he was some great businessman, not realizing that shit was all make believe. Trumphys dad gave him 500 million and he lost all that. If the banks werent bailing out trumphy for years, cause they didnt want to go down with the ship, this clown would be looking for a job at burger king, instead of running our country into the ground with bad economics. I look forward to trumphy bringing back all the factories, like the ones that will make all our clothes lmfaooooooooo.

    Oh and i guess am not the average citizen, only maga cult members get the title of citizen

     
    THEMUGG
    THEMUGG
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    Joined: Oct, 2003
    Posts: 38226
    Posted: Apr. 7, 2025 - 6:30 PM ET #535

    Quote Originally Posted by kcblitzkrieg:

    @BigGame90 401k account allocations for retirees or about to retire should be no where close that heavy to equities that a 10-20% drop wipes you out "before you have enough years to get the money back".  Sounds like extremely poor planning to me.   "people like you" lmao  its all your fault BG!!!
    No kidding.....shame on people like Big Game, causing others to not pay attention to their 401's til it's too late. I mean it's not like we had any idea that these tariffs were coming & might have an effect on the markets. an_shake

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    Quote Originally Posted by kcblitzkrieg:

    @BigGame90 401k account allocations for retirees or about to retire should be no where close that heavy to equities that a 10-20% drop wipes you out "before you have enough years to get the money back".  Sounds like extremely poor planning to me.   "people like you" lmao  its all your fault BG!!!
    No kidding.....shame on people like Big Game, causing others to not pay attention to their 401's til it's too late. I mean it's not like we had any idea that these tariffs were coming & might have an effect on the markets. an_shake

     
    spockgato
    spockgato
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    Joined: Apr, 2005
    Posts: 15326
    Posted: Apr. 7, 2025 - 6:47 PM ET #536

    Quote Originally Posted by cd329:

    Quote Originally Posted by BigGame90: Quote Originally Posted by cd329: Quote Originally Posted by BigGame90: @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it affect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. and thats my choice.  It’s my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this. your post: Are you watching your 401k just crumble right now and letting it affect you?   one of the dumbest posts i have ever read on covers in all my years being here. Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help     Delusional. Yeah man, I'm the reason your 401k is going down. You have no idea why your 401k is going lower. You probably have no clue what's even in your 401k. Keep blaming the average citizen (who's racked up massive debts to get your 401k up), Trump and NOT the banks, those leveraged to the tits or the FED for your 401k.   you and the rest of the magas that put an insane guy who has no clue how to run a business let alone the country.  Magas watched trumpy on tv and thought he was some great businessman, not realizing that shit was all make believe. Trumphys dad gave him 500 million and he lost all that. If the banks werent bailing out trumphy for years, cause they didnt want to go down with the ship, this clown would be looking for a job at burger king, instead of running our country into the ground with bad economics. I look forward to trumphy bringing back all the factories, like the ones that will make all our clothes lmfaooooooooo. Oh and i guess am not the average citizen, only maga cult members get the title of citizen

     

    it is correct to assess blame and hand it directly to Trump , and those that voted for him , but you also must deliver criticism towards the Democratic Party for not being able to summon a better candidate that had the qualities that could overcome the shortcomings from their last regime’s blunders , policy-wise , that alienated people in the first place and that led to your side losing the Presidential election peace_5

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
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    Quote Originally Posted by cd329:

    Quote Originally Posted by BigGame90: Quote Originally Posted by cd329: Quote Originally Posted by BigGame90: @cd329  Dude, you're losing your shit. Are you watching your 401k just crumble right now and letting it affect you? Might want to take a walk outside and breath some fresh air. You're literally ranting in every post right now. and thats my choice.  It’s my why of venting and i truly dont care what you think. People like you are the reason, people like me are losing our retirement accounts. My guess is you have worked off the books jobs your whole life, so you dont care about things like this. your post: Are you watching your 401k just crumble right now and letting it affect you?   one of the dumbest posts i have ever read on covers in all my years being here. Yeah i should not worry about my retirement and not having enough years left to get the money trumphy and his maga cult morons have cost me. Yeah i should just do like the magas do, go outside drink some beers and shoot beer cans and squirrels, that should help     Delusional. Yeah man, I'm the reason your 401k is going down. You have no idea why your 401k is going lower. You probably have no clue what's even in your 401k. Keep blaming the average citizen (who's racked up massive debts to get your 401k up), Trump and NOT the banks, those leveraged to the tits or the FED for your 401k.   you and the rest of the magas that put an insane guy who has no clue how to run a business let alone the country.  Magas watched trumpy on tv and thought he was some great businessman, not realizing that shit was all make believe. Trumphys dad gave him 500 million and he lost all that. If the banks werent bailing out trumphy for years, cause they didnt want to go down with the ship, this clown would be looking for a job at burger king, instead of running our country into the ground with bad economics. I look forward to trumphy bringing back all the factories, like the ones that will make all our clothes lmfaooooooooo. Oh and i guess am not the average citizen, only maga cult members get the title of citizen

     

    it is correct to assess blame and hand it directly to Trump , and those that voted for him , but you also must deliver criticism towards the Democratic Party for not being able to summon a better candidate that had the qualities that could overcome the shortcomings from their last regime’s blunders , policy-wise , that alienated people in the first place and that led to your side losing the Presidential election peace_5

     
    BigGame90
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    Posted: Apr. 7, 2025 - 7:39 PM ET #537

    @kcblitzkrieg   Or someone who was buying (very unlikely CD has a 401K and was just buying equities) during Bidens term because he (she/they/etc) was told the economy was doing so well and stocks are at an all time high (which is always a great time to buy) and thought stocks only go up and will continue to only go up. an_boggienight If he does have a 401k, I wonder if he even knows what it's made up of? Personally, I don't trust my money in a "pool" for management. I'd rather do my own research instead of letting a money manager throw darts at a board or buy what's best for their firms best interest. 

    @THEMUGG   It couldn't have been more telegraphed and known what was going to happen. We still don't know the end game. I wouldn't be surprised to see other countries reduce their tariffs (along with the US removing these new numbers) and the democrats will still find a way to cry about it. 

     

    @cd329  Yeah dude, Trump is just a dummy that has his names on hotels, resorts and golf courses. Must be a complete dummy to have his name all over luxury, right?  

     

     

     

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    @kcblitzkrieg   Or someone who was buying (very unlikely CD has a 401K and was just buying equities) during Bidens term because he (she/they/etc) was told the economy was doing so well and stocks are at an all time high (which is always a great time to buy) and thought stocks only go up and will continue to only go up. an_boggienight If he does have a 401k, I wonder if he even knows what it's made up of? Personally, I don't trust my money in a "pool" for management. I'd rather do my own research instead of letting a money manager throw darts at a board or buy what's best for their firms best interest. 

    @THEMUGG   It couldn't have been more telegraphed and known what was going to happen. We still don't know the end game. I wouldn't be surprised to see other countries reduce their tariffs (along with the US removing these new numbers) and the democrats will still find a way to cry about it. 

     

    @cd329  Yeah dude, Trump is just a dummy that has his names on hotels, resorts and golf courses. Must be a complete dummy to have his name all over luxury, right?  

     

     

     

     
    Midnight1
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    Posted: Apr. 7, 2025 - 8:09 PM ET #538

    @THEMUGG

     When working, my company allowed us to make 401k changes once a year & then changed it to twice a year. I don't know if that has changed.

    I don't think many believed the tariffs levied would be so reckless & people planning to retire this year may not be able to do so.

    It's a disaster with no end in sight. 

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    @THEMUGG

     When working, my company allowed us to make 401k changes once a year & then changed it to twice a year. I don't know if that has changed.

    I don't think many believed the tariffs levied would be so reckless & people planning to retire this year may not be able to do so.

    It's a disaster with no end in sight. 

     
    cd329
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    Posted: Apr. 7, 2025 - 8:41 PM ET #539

    @BigGame90

     lmfaooooooooooooo yeah hes got his names on things.  Maybe you should actually look at the history of trumpy instead of just bending your knee like hes some business God. Heres just 1 example of how trumpy gained alot of wealth.  Never actually paying his bills, like on all his buildings where he never paid the contractors and told them to take 50 percent or they could take pennies on the dollar in court.  I could go on and on, but sad part is if Jesus Christ came to your house and told you trumpy was a total fraud, you would kick him out of your house.an_brick

    Its your life believe what ever you want, just know unlike the maga cult members, i wont ever bow down to some fucking politician in any party.  Never have and never will.

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    @BigGame90

     lmfaooooooooooooo yeah hes got his names on things.  Maybe you should actually look at the history of trumpy instead of just bending your knee like hes some business God. Heres just 1 example of how trumpy gained alot of wealth.  Never actually paying his bills, like on all his buildings where he never paid the contractors and told them to take 50 percent or they could take pennies on the dollar in court.  I could go on and on, but sad part is if Jesus Christ came to your house and told you trumpy was a total fraud, you would kick him out of your house.an_brick

    Its your life believe what ever you want, just know unlike the maga cult members, i wont ever bow down to some fucking politician in any party.  Never have and never will.

     
    User854910
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    Posted: Apr. 7, 2025 - 8:53 PM ET #540

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    Midnight1
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    Posted: Apr. 7, 2025 - 9:59 PM ET #541

    Quote Originally Posted by unplucked_gem:

    @cd329 #534 What's abundantly clear is that you have no clue why Magas put Trump in.  Lmafooooo it's comical.

    Fill us all in. I don't know why anyone would vote for a lying POS like him. And please don't say he was the best of two evils. 

    an_popcorn

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    Quote Originally Posted by unplucked_gem:

    @cd329 #534 What's abundantly clear is that you have no clue why Magas put Trump in.  Lmafooooo it's comical.

    Fill us all in. I don't know why anyone would vote for a lying POS like him. And please don't say he was the best of two evils. 

    an_popcorn

     
    spockgato
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    Posted: Apr. 7, 2025 - 10:53 PM ET #542

    I know you don’t want me to say it , but it’s the truth , he was the lesser of two evils peace_5

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
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    I know you don’t want me to say it , but it’s the truth , he was the lesser of two evils peace_5

     
    THEMUGG
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    Posted: Apr. 7, 2025 - 11:45 PM ET #543

    @Midnight1

     We were never restricted, only limited by choices back in the 80's/90's. Once it went online, we had more choice & 24/7 access. In fact I kept mine at the same institution after retirement.

     I'm not seeing any disaster......yet, at least nothing like Biden. Somebody had to have the balls to do this after so many have talked about it. Trump is doing what he campaigned on. Imagine that. Quite a change from the last admin.

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    @Midnight1

     We were never restricted, only limited by choices back in the 80's/90's. Once it went online, we had more choice & 24/7 access. In fact I kept mine at the same institution after retirement.

     I'm not seeing any disaster......yet, at least nothing like Biden. Somebody had to have the balls to do this after so many have talked about it. Trump is doing what he campaigned on. Imagine that. Quite a change from the last admin.

     
    SarasotaSlim
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    Posted: Apr. 7, 2025 - 11:51 PM ET #544

    Quote Originally Posted by Midnight1:

    @THEMUGG  When working, my company allowed us to make 401k changes once a year & then changed it to twice a year. I don't know if that has changed. I don't think many believed the tariffs levied would be so reckless & people planning to retire this year may not be able to do so. It's a disaster with no end in sight.

    Lesson:

    Don't put ALL your eggs in one basket .

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    Quote Originally Posted by Midnight1:

    @THEMUGG  When working, my company allowed us to make 401k changes once a year & then changed it to twice a year. I don't know if that has changed. I don't think many believed the tariffs levied would be so reckless & people planning to retire this year may not be able to do so. It's a disaster with no end in sight.

    Lesson:

    Don't put ALL your eggs in one basket .

     
    spockgato
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    Posted: Apr. 8, 2025 - 12:04 AM ET #545

    But you seen the price of them eggs lately ?

    so expensive .

    seriously , forget a dozen , with the way that prices are jacked up you can only buy and put like two or three tops in that Easter basket right now .

    No for real , even the Easter Bunny is feeling the pinch ,

    cuz he doesn’t want to disappoint all those little boys and girls in regards to their Easter Egg hunts , so much so , that he took another job , and now he’s moonlighting down on the strip , and on that corner , to make a little extra scratch so that he can pay for them damn things .

    but silly rabbit , turnin’ tricks isn’t for you , leave it up to the professionals that have the syphyllis !

    know what I mean ?

    no seriously it’s a bad idea to put all your eggs in one basket peace_5

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
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    But you seen the price of them eggs lately ?

    so expensive .

    seriously , forget a dozen , with the way that prices are jacked up you can only buy and put like two or three tops in that Easter basket right now .

    No for real , even the Easter Bunny is feeling the pinch ,

    cuz he doesn’t want to disappoint all those little boys and girls in regards to their Easter Egg hunts , so much so , that he took another job , and now he’s moonlighting down on the strip , and on that corner , to make a little extra scratch so that he can pay for them damn things .

    but silly rabbit , turnin’ tricks isn’t for you , leave it up to the professionals that have the syphyllis !

    know what I mean ?

    no seriously it’s a bad idea to put all your eggs in one basket peace_5

     
    THEMUGG
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    Posted: Apr. 8, 2025 - 10:24 AM ET #546

    @SarasotaSlim

     peace_5

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    @SarasotaSlim

     peace_5

     
    User854910
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    Posted: Apr. 8, 2025 - 11:02 AM ET #547

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    UNIMAN
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    Posted: Apr. 8, 2025 - 11:29 AM ET #548

    @Midnight1

     Remember your Immigration thread? Oh, now we see a problem, what can we do, ohhhh what can we do to solve this problem that just showed up outta nowhere and Congress won't act?

    Elect TRUMP!! Problem solved. an_light

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    @Midnight1

     Remember your Immigration thread? Oh, now we see a problem, what can we do, ohhhh what can we do to solve this problem that just showed up outta nowhere and Congress won't act?

    Elect TRUMP!! Problem solved. an_light

     
    User854910
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    Posted: Apr. 8, 2025 - 11:38 AM ET #549

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    kcblitzkrieg
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    Posted: Apr. 8, 2025 - 1:51 PM ET #550

    Quote Originally Posted by Midnight1:

    @THEMUGG  When working, my company allowed us to make 401k changes once a year & then changed it to twice a year. I don't know if that has changed. I don't think many believed the tariffs levied would be so reckless & people planning to retire this year may not be able to do so. It's a disaster with no end in sight.

    We can rebalance / reallocate weekly if we want to at my place of employment.  Simply log into account online and make the changes.  I would imagine it is pretty easy for the majority of 401k participants.  Not sure when you retired but our program has allowed this for at least the past 5-6 years.  

    I also have a hard time wrapping my head around the idea that there are people who planned to retire this year and now "may not be able to do so" because of a 10% drop.  Even if their entire net worth is an ill advised improperly allocated 401k, 10% is nothing.  Now 50% drop this year for someone like that I can understand but we are talking about you BOOMERS here...people that should have Home equity, CASH balances, brokerage accounts, diversification, etc.  Idk, maybe I just don't understand.  My old man is a boomer retiree.  SS and very modest 401k.  Personally I could never retire with his current position so I'd put him in the high risk category.  Lucky (or smart) for him his wife still works, has a great job and her 401k and pension will be able to take care of them both down the stretch.  Otherwise I'd be planning on taking care of the old man myself.  

    You will not survive here. You are not a wolf, and this is the land of wolves now...
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    Quote Originally Posted by Midnight1:

    @THEMUGG  When working, my company allowed us to make 401k changes once a year & then changed it to twice a year. I don't know if that has changed. I don't think many believed the tariffs levied would be so reckless & people planning to retire this year may not be able to do so. It's a disaster with no end in sight.

    We can rebalance / reallocate weekly if we want to at my place of employment.  Simply log into account online and make the changes.  I would imagine it is pretty easy for the majority of 401k participants.  Not sure when you retired but our program has allowed this for at least the past 5-6 years.  

    I also have a hard time wrapping my head around the idea that there are people who planned to retire this year and now "may not be able to do so" because of a 10% drop.  Even if their entire net worth is an ill advised improperly allocated 401k, 10% is nothing.  Now 50% drop this year for someone like that I can understand but we are talking about you BOOMERS here...people that should have Home equity, CASH balances, brokerage accounts, diversification, etc.  Idk, maybe I just don't understand.  My old man is a boomer retiree.  SS and very modest 401k.  Personally I could never retire with his current position so I'd put him in the high risk category.  Lucky (or smart) for him his wife still works, has a great job and her 401k and pension will be able to take care of them both down the stretch.  Otherwise I'd be planning on taking care of the old man myself.  

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