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To: Ron in Acreage
But those with pension funds and certain other investments could be shocked to find that savings at the pump could come out of their retirement incomes.

All of those gains are ill gotten in the first place. No pension funds should have been rolling the dice in oil futures.

2 posted on 06/11/2008 7:00:14 AM PDT by AmericaUnited
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To: AmericaUnited

All investment funds contain risk.

The PB Post Op Ed board are rabid anti-capitalist Marxist of the worst kind.


3 posted on 06/11/2008 7:03:09 AM PDT by Ron in Acreage (McCain or Obama-Either way we're screwed.)
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To: AmericaUnited
This article is poorly written. In my current 401k options, I have an energy fund. It only buys stock in energy companies - it's prohibited from buying futures in energy markets, it can't take a leveraged position, etc. It's a generic vanilla stock fund, targeted at energy companies, is what I'm saying.

It's done very well for several years, obviously. But an ill-thought out regulation or new law from Congress could bust this thing pretty bad.

6 posted on 06/11/2008 7:05:57 AM PDT by willgolfforfood
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To: AmericaUnited

So, pension funds should stay away from all profitable companies, or just the ones the left (and some on the right) deem to be evil??


13 posted on 06/11/2008 7:33:49 AM PDT by Tatze (I'm in a state of taglinelessness!)
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