To: rohry; TigerLikesRooster; arete; Dukie; Billy_bob_bob;
headsonpikes; razorback-bert...
Bear market mass psychology ping.
6 posted on
04/10/2002 8:29:52 AM PDT by
Tauzero
To: Tauzero
I guess two years of flat market indexes has finally got people's attention...
Granted, not everyone has lost out with 401(k) plans. Employees with high incomes, financial know-how and an interest in investments stand to benefit from a system of self-managed retirement accounts. But few people fit that profile.
We managed to invest our way to $250,000 in 12 years despite not fitting that profile...
Is anyone here familiar with the Steel industry bailout? The primary reason for that was to continue to be able to fund retired Steel-workers pensions...
13 posted on
04/10/2002 9:18:19 AM PDT by
rohry
To: Tauzero
Appreciate the bump, Tauzero. The problem is that the 401k became the only savings of many and all they could see were those trees growing to the sky.
24 posted on
04/10/2002 10:20:31 AM PDT by
Dukie
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