"bpuharic" wrote in message
...
On Mon, 19 Apr 2010 13:15:22 -0700, "Bill McKee"
wrote:
"bpuharic" wrote in message
. ..
On Sun, 18 Apr 2010 01:10:22 -0400, wrote:
On Sat, 17 Apr 2010 22:46:39 -0400, bpuharic wrote:
it's now worth what it was 10 years ago. i should have spent it on
whores and booze like john paulson did when he looted goldman sachs
for a billion
yet in your mind he's a hero because he's rich, and i'm an idiot
because i'm a hard working middle class guy
shows what moral values the right has
You were not saving in your 401K! You were buying the alternative to a
defined benefit pension
that's called 'saving'.
. Saving is living below your means and taking part
of each weeks paycheck and putting it away for the future
which is what a 401K does. i can see it in my paycheck
. Maybe the near
term future of paying for kids college, saving to buy a car without having
to finance it, or saving to have a better retirement than your 401k or
company pension will give you. Your wife being an attorney and you and
engineer and not saving at least $15-20k a year outside of your "pension"
is
a sign that you are both clueless and living beyond your means. Blame
yourself, not Wall Street
let's see...
100,000,000 americans are in the same boat as i am
goldmans sacks gets indicted for fraud
and he says it's the fault of the american middle class
yep. typical right wingers
401k is a subset of saving. The money your employer would have been putting
away for a pension, shows up in your paycheck now. And you buy your own
pension. Which I think is fabulous. As I liked startups and most would not
have been there long enough to vest a pension. You are buying your pension
with that money. Not saving money. Saving is living below your means and
taking part of your disposable income and putting it away for a rainy day or
even as an addition to pension money. With your attitude about saving, you
would have been in deep **** if there was a hiccup at your work and you got
laid off. You could not live on your wife's income with your apptitued..