as a financial illiterate stuck with a 401k, what do i do? (moist.catsweat.com)

submitted 1 month ago by [email protected] to c/[email protected]

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as many americans forced to run with a 401k because we dont know any better and its the 'path of least resistance' to a retirement account... what do we do in the face of a dying democracy and economy?

id love to move it to some 'foreign' investments, but is that even a possible option? do i just hope and wait for stability to return at some point in the future or is it hookers and blow time?

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[-] [email protected] 6 points 1 month ago

When the stock market is having fire sale is not the time to ask questions, it is time to buy. Trump is near 80 - he won't be alive in a few years. He stastically has a 25% chance of not even finishing his term. Power will shift and shift again ever few years. those who stick to a good plan do fine.

Even in the worst case you are unlikely to find the better answer ahead of time. Just enjoy the sale and forget about daily movement.

this post was submitted on 08 Apr 2025

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