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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 |
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