i wouldnt worry much since firstly money is fake and if everyones 401ks permanently collapsed well we’d have a lot bigger problems on our hands lol
adn secondly you didnt lose that money you only “lose” it if you liquidate it….no idea what term to use there since ive never had a 401k or any kind of investment “portfolio” involving anything, besides the short length of time where i had a few k of monero and ethereum and maybe a few others (i actually had a helluva lot of doge back before :melon-musk: shilled it to hell to get even richer by selling all the doge he bought, after he went on that campaign to get the fans that worship him and suck his dick 24/7 to buy a shitload. as a sidenote i dont feel bad for any of these obnoxious twitter musk fans/crypto bros who lost money buying some stupid memecoin because their totally epic leader told them to)
If you're holding equities or any other assets that you can easily liquidate then there's really no functional difference between "losing" $50,000 in stock value or "losing" $50,000 in hard cash, regardless of whether you sell those stocks or not. Theoretically the stock valuation could go back up, but that's just as true as an equivalent amount of cash that you could invest in the market at those lower valuations.
i wouldnt worry much since firstly money is fake and if everyones 401ks permanently collapsed well we’d have a lot bigger problems on our hands lol adn secondly you didnt lose that money you only “lose” it if you liquidate it….no idea what term to use there since ive never had a 401k or any kind of investment “portfolio” involving anything, besides the short length of time where i had a few k of monero and ethereum and maybe a few others (i actually had a helluva lot of doge back before :melon-musk: shilled it to hell to get even richer by selling all the doge he bought, after he went on that campaign to get the fans that worship him and suck his dick 24/7 to buy a shitload. as a sidenote i dont feel bad for any of these obnoxious twitter musk fans/crypto bros who lost money buying some stupid memecoin because their totally epic leader told them to)
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this is not particularly helpful or accurate
If you're holding equities or any other assets that you can easily liquidate then there's really no functional difference between "losing" $50,000 in stock value or "losing" $50,000 in hard cash, regardless of whether you sell those stocks or not. Theoretically the stock valuation could go back up, but that's just as true as an equivalent amount of cash that you could invest in the market at those lower valuations.