Interesting. I didn't know this about the stock market, but there's a lot I don't know.
Nobody listens to me. When I was like 17 or so I told my brother to buy Yahoo stock when it first came out. We/he would have been rich lol
We did a stock portfolio project in college and I made millions upon millions. The only problem is that we all got spotted tons of money to do it lol. The rich get richer.
I think we all have a stake as in the fact that it's used as a determining factor with value of the dollar, interest rates ect.
I took all mine out and it's where I can get to it if i need to. All the taxes have been paid. It's making a little bit of interest. I had it in Chase and they made money off it but I didn't. Screw them... I took it out. Now it's as close as I want it...lol.
I have my 401k and my meager little Vanguard account. I will leave things be. Isn't the first time it's dropped and it won't be the last.
I don't keep much money in accounts that do not earn interest.
Yes, I'm a trusting one. Might mean my doom, but oh, well.
@BlueWave. Well if your employer matches 3 percent or more its worth it.
@BucketlistBob I think it's 3. I hope it is! Even if it was 1%, I'd do it.