Trump Watch

388 readers

50 users here now

Fascism has come to America, wrapped in a flag and carrying a cross.

Documenting the crimes and corruption of the 47th president of the United States and his fascist minions.

Here we go again.

Share articles related to Trump and MAGA here.

Liberalism, noun - "A political theory founded on the natural goodness of humans and the autonomy of the individual and favoring civil and political liberties, government by law with the consent of the governed, and protection from arbitrary authority."

founded 4 months ago

MODERATORS

PortoPeople@lemm.ee

388

Billionaires at Trump's Swearing-In Have Since Lost $209 Billion (www.bloomberg.com)

submitted 2 weeks ago by PhilipTheBucket@ponder.cat to c/trump_watch@lemm.ee

86 comments fedilink hide all child comments

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

[–] TrickDacy@lemmy.world -3 points 2 weeks ago (3 children)

You're cashing out your plan? I admittedly don't understand how these things work but in any case won't you lose money? The market will recover eventually

[–] grue@lemmy.world 5 points 2 weeks ago

"Moving money to cash equivalents [within the plan]" is not the same as "cashing out [the] plan." The money is still in the account, just in the cash sweep fund instead of a stock or bond fund.

[–] earphone843@sh.itjust.works 3 points 2 weeks ago

A lot of money, not to mention the tax implications.

[–] JokeDeity@lemm.ee 0 points 2 weeks ago* (last edited 2 weeks ago)

"The market will recover eventually" is a dangerous mindset.