Boater wrote:
Don White wrote:
"Eisboch" wrote in message
...
"Boater" wrote in message
...
I understand *that* problem...I'm wondering what *those people* who
no longer believe in "the market" can do to prevent further losses
in their 401k portfolios. I would want to withdraw the funds and put
them into something with more integrity than the stock market.

That's a question asked everyday on the various financial planning TV
and radio talk shows.
Without exception, all the "experts" advise people to leave their
investments alone.
They sometimes recommend shifting to less risky, lower yield type
investments, but they all say *DO NOT* take your money out.

I don't know. I keep mine in a hidden mattress.

Eisboch


Being a somewhat cynical person, I wonder whos' best interests those
financial people are looking after...the poor sap who sees his
investment shrinking with every monthy report...or the system they've
set up with their rich fee structure.



Gee, that's a toughie! :)

Fee's'R'Us.

Same sort of advice you'll get from "financial advisers" who sell
product. They're going to sell you the products that generate fees for
them.

Where are the unions pension fund's invested? Do you they get to buy
the shares for free?