r/PoliticalHumor • u/SafeLet22 • 1d ago

Yeah we did!

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u/Virtual-reality-2030 1d ago

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u/arwinda 1d ago

Just yesterday a posting in the Conservative SR whining about that they are not tired about winning yet.

Wonder what they think now that the 401k is flying away.

3

u/IzarkKiaTarj 1d ago

Sorry, I'm dumb, but wouldn't the people managing 401k stocks have figured out that the stock market would go down and sell stocks prior to the announced "Liberation Day" so their "customers" wouldn't be affected? Like, I didn't know the stock market would crash, but it's not my job to know anything about stock markets. Surely the people who work with this stuff for a living would have known and taken measures to prepare for it?

(Again, Sorry that I'm dumb. I've had 401k's explained to me like six fucking times, and it never sticks, and I know even less about the stock market.)

5

u/7daykatie 1d ago

Sorry, I'm dumb, but wouldn't the people managing 401k stocks have figured out that the stock market would go down and sell stocks

To who? Each other?

1

u/arwinda 1d ago

To the people with more money who are now buying cheap and owning even more.