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Tucker will make Liberal heads explode tomorrow !!
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<blockquote data-quote="69precision" data-source="post: 3031522" data-attributes="member: 95300"><p>Your numbers are sound, but the Oregonian and I were responding specifically to the statement of the guy losing $150k in his 401k. He was not talking about inflation. He was talking like he had $500k on his statement when trump was in office, and if he looks at his statement today it would say $350k. It very well may, but that would be very different than the performance of the stock market in general since Biden has took office. While still net positive under Biden,there's no question that especially factoring in inflation, the market did better under trump. Nobody is disputing that. But nobody that has any kind of diverse portfolio has lost that much of their 401k in the last 3 years. It's not "common knowledge that most people" have had that happen. Quite the opposite.</p></blockquote><p></p>
[QUOTE="69precision, post: 3031522, member: 95300"] Your numbers are sound, but the Oregonian and I were responding specifically to the statement of the guy losing $150k in his 401k. He was not talking about inflation. He was talking like he had $500k on his statement when trump was in office, and if he looks at his statement today it would say $350k. It very well may, but that would be very different than the performance of the stock market in general since Biden has took office. While still net positive under Biden,there's no question that especially factoring in inflation, the market did better under trump. Nobody is disputing that. But nobody that has any kind of diverse portfolio has lost that much of their 401k in the last 3 years. It’s not “common knowledge that most people” have had that happen. Quite the opposite. [/QUOTE]
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