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Default ah, yes, the latest on my company 401K


"bpuharic" wrote in message
...
On Mon, 19 Jul 2010 07:39:08 -0400, "D.Duck" wrote:


"bpuharic" 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.


And what does that have to do with:

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

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