On Mon, 12 Apr 2010 21:24:37 -0600, Canuck57
wrote:

On 12/04/2010 4:35 PM, bpuharic wrote:
On Mon, 12 Apr 2010 18:17:27 -0400, wrote:


uh no. the market is still about 35% below where it was at 14,000

I am just a dumb old working class redneck and I did fine.
I am sitting an a couple "doubles" and a "triple".

that you're dumb is simply fact.

that you're a redneck is beyond dispute.

that your 401K has recovered simply means you had no investments to
begin with.

Then fire your money manager. I have 3 pools of US investments.

The smallest and worst performer is up only 10% from its prior peek.
The largest and actively managed is up 30% from prior peaks. The worst
performing pool of funds I have is foreign, only up 2% from prior peeks.

So ask your money manager why you should be paying him?

because i work for a living. wall street told 100,000,000 middle class
americans that we didn't need pensions. they TRIED, with bush, to tell
us we didn't need social security. they left us ONLY 401k's.

i don't have the time to work AND to watch wall street. so now it's
time to **** wall street and regulate the **** out of them