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Larry[_25_] Larry[_25_] is offline
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First recorded activity by BoatBanter: Jul 2010
Posts: 190
Default ah, yes, the latest on my company 401K

Harold wrote:
wrote in message
...

bpuharic wrote:

On Mon, 19 Jul 2010 03:08:07 -0400, wrote:



wrote in message
...

snip



not a single 401K manager has beat the market in the last 3 years.


snip

First of all, YOU and all participants are the managers of of 401K plans
within what is offered by your company.


irreleevant. show me a 401K funds manager that's beating the market
with a positive rate of return over the last 2 years...



Go to the link below and plug in "Up more than 0%" for the 3 year
return
option of the screener. The other entries remain in the default
setting.

http://screen.yahoo.com/funds.html


and here is where you're confused. 401K's are managed by fund
managers...the funds they manage CAN do pretty well on an individual
basis. yet, unless you're a full time manager yourself, you have NO
idea which ones these are going to be.


Move your $40 to a money market fund and STFU.

You'd think all the Limo Liberals here would get up a collection for poor
bpuharic



Ya think he needs some wealth redistributed in his direction? From his
rants it's apparent he wasn't able to fend for himself.