Sorry to disagree...

Post #43,908 by bepatient 6/29/02 1:23:12 PM Reply	Sorry to disagree... ...but a matched 401k is better than any other investment..at least on the match. Rolling over once you leave is another story...and again...most 401k programs have different investments depending ont he amount or risk the investor wants to take. Mine has 5 options...and you can split the balance between them...and move the balances at any time. You were born...and so you're free...so Happy Birthday! _{Laurie Anderson} [link\|mailto:bepatient@aol.com\|BePatient]
Post #43,938 by orion 6/29/02 6:20:15 PM Reply	Just my luck I had the rat's ss 401K program the one garenteed to lose money when the economy tanks. No matched 401K either, not from the skinflints I used to work for. No fixed investments either, IIRC. I am free now, to choose my own destiny.*
Post #43,985 by kmself 6/30/02 3:02:46 AM Reply	Tax deferred You still took about a 30% return off the top from tax benefits. That's going to undo a lot of market damage. Too, market losses are only realized when you cash out. Long term, prospects are that you'll see portfolio value climb over your principle. Even in the worst periods of stock performance, there are few ten year periods in which the overall trend wasn't up. You're likely going to be in the market for another three decades, plenty of time to recover. `-- Karsten M. Self [link\|mailto:kmself@ix.netcom.com\|kmself@ix.netcom.com] [link\|http://kmself.home.netcom.com/\|[link\|http://kmself.home.netcom.com/\|http://kmself.home.netcom.com/]] What part of "gestalt" don't you understand? Keep software free. Oppose the CBDTPA. Kill S.2048 dead. [link\|http://www.eff.org/alerts/20020322_eff_cbdtpa_alert.html\|[link\|http://www.eff.org/alerts/20020322_eff_cbdtpa_alert.html\|http://www.eff.org/...a_alert.html]]`
Post #44,170 by orion 7/1/02 10:33:19 PM Reply	Thirty years is a long time if I can recover from it, I'll be happy. If I cannot recover from my uninstallment and may have to get on disability, I am not sure how much I could save up for my retirment. So far things don't look good, and either my former employer is saying bad things about me (that I suffer from depression, and whatever else they are saying), or there is a different factor preventing me from even getting the simplist job. It feels like everyone is against me right now, jobwise, and I cannot get a break. *I am free now, to choose my own destiny.*

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