04-07-2018, 05:19 PM
(04-07-2018, 02:44 PM)Cynic Hero 86 Wrote: > The problem with your financial predictions isn't that the
> predictions was wrong, in fact it was correct. It is the fact that
> the predicted Financial Crash has already occurred. You Predicted
> a Crash Caused by Speculative lending and other economic
> malpractice in 2003/2004 and the predicted crash Did in fact
> Occur, in 2008. The Problem with a Crash "worse than 1929" at this
> points is that Nobody is Investing in the stock Market that much
> in 2018. There is No Mass speculation like in 1929, because nobody
> other than established investors trusts the stock market with
> their money. The Current stock market as some have pointed out, is
> largely decoupled from the "real" economy at this point. If The
> stock Market reflected real numbers it would still be at 2010
> levels.
Investment Company Institute Wrote:> As of December 31, 2017, 401(k) plans held an estimated $5.3
> trillion in assets and represented 19 percent of the $27.9
> trillion in US retirement assets, which includes
> employer-sponsored retirement plans (both defined benefit (DB) and
> defined contribution (DC) plans with private- and public-sector
> employers), individual retirement accounts (IRAs), and
> annuities. In comparison, 401(k) assets were $3.0 trillion and
> represented 17 percent of the US retirement market in
> 2007.
https://www.ici.org/policy/retirement/pl.../faqs_401k
401(k) Plan Assets
Billions of dollars, end-of-period, selected periods