I keep up with most of the dumpster fire that is current US news but I’m sorta lost on this one. I contribute to my 401k every week and have a few thousand saved up, as well as stock in the company I work for. Is all of the bad news referring to the stock market crashing? Is this general across the board or more company-specific? I consider myself decently politically educated but not so much economically.

  • grue@lemmy.world
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    5 days ago

    In an ordinary recession, you should definitely keep buying because stocks are basically “on sale.”

    In this recession caused by sovereign risk (i.e. the government itself fucking up), it’s possible that the market might never come back. If you believe that’s likely-- or if you just want to boycott US investment to protest against the fuckery – you should still keep contributing to your 401k, but invest it in international ex-US funds.