Well I guess people with 401K's are starting to get concerned. 😔
@TooBigForYou12 Anyone who has reason to be concerned should've already been moving their investment strategy out of stocks.
@TooBigForYou12 There are much more stable investments out of stocks like bonds & whatnot (I pay to have my investments & 401k managed, I don't know what's what). You don't need your 401k to keep making good money in the market when you're near retirement if you have enough in there.
@Leelze32 Bond funds lose 5% of their value for every 1% interest rates rise. I'm not near retirement. Not speaking for myself so much but speaking for all people. Bond funds are what you buy when interest rates are going down. Every possible investment sucks now. There is nowhere to run.