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Politics

Mine did too. We all took a cut during the - recession and it took

Posted: Nov 3rd, 2017 - 10:45 am In Reply to: My 401K did great when Obama was president - So glad

a while to get it going back up. It has been growing steadily. The rise in the stock market is going up, as it had been for quite a while during the Obama years. It has gone up even more during the Trump months in office. This is not so much due to consumer confidence but corporate confidence with the big tax cuts for them. With the uncertainty on how this new budget will really affect growth and consumer confidence that is yet to be seen.

Remember what goes up will come down. Hopefully we won't crash again as we did in the Bush era/beginning of Obama years, but time will tell.

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