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bpuharic

On Sat, 23 Jan 2010 12:41:35 -0500, wrote:

On Fri, 22 Jan 2010 22:26:12 -0500, bpuharic wrote:

oh please. have you looked at your 401K?

Blame the 401k manager, There was plenty of money to be made.

and every 401K manager did the same thing. yes, there was plenty of
money to be made

and the chairman of goldman sachs, lehman, etc. made it all. and
screwed the middle class

The reality is 401ks are a ripoff. The managers are more interested in
the fees you pay them than making you money ... and the tax man is
going to hold you down and screw you when you try to get that money
out.

No capital gains break on a 401k.

agreed. and the right is the group that destroyed pensions in this
country and left the 401K as the only financial mechanism to help the
middle class retire