Why is it so bad that the stock market is back down to where it was a few months ago?

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Obviously if it keeps going down, that’s bad. But it looks like it’s at a support level and still much, much higher than it was 5 years ago. (Using SP500 as a proxy for the market at large)

In: Economics

28 Answers

Anonymous 0 Comments

People are about to find out the hard way what happens when you pull your 401k when the markets dip. IIRC if you stayed your 401k would have recovered much more quickly.

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