Finance

2405 readers

1 users here now

Economic and financial news from around the world, including cryptocurrency and blockchain.

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 3 years ago

MODERATORS

alyaza@beehaw.org

gyrfalcon@beehaw.org

coldredlight@beehaw.org

remington@beehaw.org

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

submitted 3 months ago by originalucifer@moist.catsweat.com to c/finance@beehaw.org

28 comments fedilink hide all child comments

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?

you are viewing a single comment's thread
view the rest of the comments

[–] originalucifer@moist.catsweat.com 5 points 3 months ago (2 children)

ha, its an offhand way of saying 'remove investments, have fun for the short time the world will exist'

i take it youre not a futurama fan

[–] DaGeek247@fedia.io 4 points 3 months ago

'remove investments, have fun for the short time the world will exist'

I don't see this is being a good financial choice unless you honestly believe that nuclear war is about to go down. If the measles gets as serious as covid, it still wouldn't be a good idea.

[–] ocean@lemmy.selfhostcat.com 1 points 3 months ago (1 children)

Oh! I love futurama but did not get this reference :/

[–] originalucifer@moist.catsweat.com 4 points 3 months ago

i think i got the futurama 'blackjack and hookers' line mixed up the the common hookers and blow trope. sorry!

humor is my only defense against.. well, almost anything. im also a graduate of the jon stewart school of self-deprecation