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[-] reverendsteveii@lemm.ee 3 points 11 months ago

40% of their 401k value knocked out

40% of the value before the crash, I assume? In that case, what's the difference between their contributions and the total value even with that 40% gone? Remember that the real value of an investment is how much money is there now vs how much you put in, not how much money is there at peak value vs how much money is there now.

this post was submitted on 26 Nov 2023
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