Obama bundler says he lost $25 billion of N.J. pension funds (hedge funder Orin Kramer)

PolitickerNJ ^ | 11/20

[EVO X]

My question is “why in the hell are state government pension funds” doing in the stock market? I believe that the pension funds should be in treasure bonds or safer inverstments, that is like taking your paycheck to Las Vegas Casinos...unbelievable.

Being too conservative can have the same results as taking on too much risk. There is a good chance the money runs out. If they are well diversified, it isn't really gambling. Pension funds don't have to worry about running out time. There are other worries, but time isn't one of them.

[Kackikat]

I am not opposed to moderate investments...but the “hedgefund” is a red flag, as that is the reason the banks are in trouble now. Deriviatives and “credit default swaps”, “short sells”, and “naked short sells”...these aren’t moderate investments but gambling. Right now Hedgefund managers are under the heat to unload and pay those bets...it is disasterous.

Invest in reasonable stocks with good returns, but it’s best to remember that those funds are for people’s retirement and not someone’s chance to gamble. Lots of good investments pay real profits, and great dividends. My family has made some great money in the “right type” of investments.