[quote=HLS]Tax laws can change at any time. IRA/401K is not a guarantee of anything other than risk.
The stock market is a legalized casino.
I’m amazed in the faith that exists believing that
this manipulated, unproven system is the security blanket for tens of millions of people.
There is a chance that the stock market will collapse and the fallout will be far, far worse than what happened in 2008, which to me was no surprise and expected.
Most of the experts would just say that ‘nobody saw this coming'[/quote]
At the macro level the demographics say everybody should see the coming issues. The stock market at a macro level will fall because the supply demand imbalance caused by boomers in 401Ks is going to switch from net inflows to net outflows. It’s just a matter of time. When that shift occurs there will be a much higher supply of assets for sale versus the demand for the next generation to purchase them.
It will probably occur in real estate as well.
Boomers are in the peak asset collection years right now. Asset prices are high because of that demand. Leverage makes the problem worse but even without it the problem would still exist.
