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Fiendish Thingy

(22,974 posts)
16. A "record number" doesn't mean a majority are withdrawing from 401k's
Fri Mar 13, 2026, 11:57 AM
Friday

Yes, the Trump economy is causing widespread suffering, which will work to our favour in November.

And maintaining a balanced and diversified portfolio isn’t “my” strategy, it is the strategy of most honest and competent financial advisors.

Our portfolio weathered the crashes of 1987, 2001, 2008, and COVID. We didn’t panic and move everything to cash or gold- we stayed invested, losing less (30% vs 50% in 2008) and recovered the losses quicker than the Dow and S&P did, and went on to make significant gains in the years following the crashes.

Just before Trump started his war, In one of my accounts, I did shift a modest amount from US large and mid cap stocks into international (mostly European) funds which have been outperforming American stock indices by 200-300% over the past year.

Our portfolio continues to be a significant component of our current retirement income.

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