My 401k hurts

Up Y'oars

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I remember last year when I was reviewing my 401k losing $7,500 in 2014; year end data. Received my annual investment statement last week. Well, looks like I lost another $7,300 last year.
Hells Bells!!

A guy can only deposit so much without feeling the butt-hurt come January 1st!
 


shorthairsrus

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And we're back there again.
Low rates force money managers to take extra risk to get a decent yield on their investments. Anything that isn't interest on cash — stocks, property, tech companies — suddenly looks like a better bet than cash savings. Prices in non-cash assets go through the roof, leading to the kind of booms and bubbles we saw in 2000 and 2008.

Low rates knock out a lot of financial business models that need a historically normal base rate to work.

baml%20rates.jpg
baml%20gdp.jpg
 

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