On 20/07/2010 4:47 AM, wrote:
On Mon, 19 Jul 2010 23:08:45 -0400, wrote:

On Mon, 19 Jul 2010 07:39:08 -0400, wrote:


wrote in message
...
On Mo


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.

I'm not confused. When I was working the 401K I had options to invest in.
There was a group of mutual funds, some government obligations and a
GUARANTEED interest option. If you, THE MANAGER, selected the guaranteed
interest option you would not have lost a penny in the last three years. Or
"I" could select a single mutual fund for my money.

ahem. let's see....the number of economists predicting this collapse
was about

5.

That may be right but "economists" are largely idiots from what I have
seen. Thee were plenty of hedge fund managers who saw this coming.
Ever hear of the Goldman Sachs thing?
I know for a fact Andy Hannigan at Centex Homes knew this was coming
as early as 2q07. They were pulling back by then.

Smart money manager then, nothing wrong with dumping an investment that
you can see going south in 6 months. He was on the ball.

Lots of GM and GMAC investers sure wish they did.
--

Government has liberals, idealists and lawyers, but where is the common
sense?