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Economy- Getting Better?
#3169586
07/16/20 02:34 PM
07/16/20 02:34 PM
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Joined: Jan 2019
Posts: 413
Kims Corner, Al.
1955Retiree
OP
4 point
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OP
4 point
Joined: Jan 2019
Posts: 413
Kims Corner, Al.
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Just thought I would throw this out there and get some informed opinions.
I am retired and I draw a couple of pensions, not a lot ,but enough to not have to do without anything. I invested some money in some mutual funds years ago.
I get 4 quarterly statements a year. I had planned on letting this money ride until I turn 69 1/2, then I will have to start withdrawing it. Last quarter I lost $17,000 for Jan thru Mar.
I got my most recent statement today. I had gotten almost $15,000 of the 17,000 back . Which is quite a relief. Kind of hard to figure out what the economy is doing. I was hoping this quarter was better, but did not expect it to rebound that well.
It's not how much money you make, but how much you can keep.
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