To: wideawake
If losing a job or losing money ruins your life, then you're not made of very stern stuff. Money is replaceable and jobs are replaceable. Tell that to someone 62-65 years old and just lost their pension and life savings. You lost a job once and got over it? Not quite the same thing. These people were lied to again and again. Rules were made to prevent them from diversifying.
218 posted on
07/05/2006 8:09:24 AM PDT by
BipolarBob
(Yes I backed over the vampire, but I swear I looked in my rearview mirror.)
To: BipolarBob
Rules were made to prevent them from diversifying. Could you clarify this? I thought the employer match was ONLY in Enron, but what options did the employees have in where their 401(k) Pre-tax contributions went?
225 posted on
07/05/2006 8:12:25 AM PDT by
Fury
To: BipolarBob
And those in the same group invested in the Nasdaq in 2000? Too many moving targets to shoot at?
331 posted on
07/05/2006 9:31:14 AM PDT by
SouthTexas
(Happy 4th of July!)
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