I just checked my 401k today and it has a 1 year RoR (Rate of Return) of -2%.
Holy crap. Doesn't 401k feel like a sham sometimes? You put all these money in and you are not guaranteed to even get back the amount you put in. I think we're already in a recession and we just don't realize it. A lot of economic signs (stocks, housing, employment, real-wage growth, productivity, current accounts) point towards a recession. Start saving money folks.
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