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bpuharic bpuharic is offline
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First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
Default ah, yes, the latest on my company 401K

On Thu, 22 Jul 2010 21:55:21 -0400, wrote:

On Thu, 22 Jul 2010 15:04:43 -0400, bpuharic wrote:

yeah i've been doing the minimum for awhile. lots of managers
recommend putting 10-20% in but no one has that kind of money and it's
nonsense to do that when it's far from certain wall street has a clue
about anything


Have you ever thought of putting money into something other than your
401k? You could have a Roth that is tax free when you take it out.
Of course you could directly invest and be one of those "rich
*******s" who exploit the capital gains laws.


yeah. money markets or T bills at 1%. thatll do me alot of good. in
10 years 1000 dollars will be worth 1100.

great.