Chit Chat
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14 Mar 20
16:27
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25 Dec 05
saying stockmarket falls have no impact on the man in the street, 30 million pension pots might give him an argument, have they got a looney farm somewhere where they keep these fooooking idiots, bred for primetime tv
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is it kay burley ?
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DC pots are literally paper money, unless you're living of the income and/or withdrawing capital to live off. It's actually beneficial for those in the vast majority, still in the accumulation stage.
There are of course S&S ISA's, sharesaves and the like with a bit more relevancy. A relatively small number of people will be relying on dividend income, which will likely see reductions in the short term. |
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millions now on sipps, auto enrolled into stakeholder pensions all at the mercy of the stockmarket
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Of course, but market falls are positive for them (though many will be ignorant to that).
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Thought this thread was about Trump.
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