401k-losers game

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Anonymous said:
All in on Pharma ?????
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Obviously not. The beauty of a 401k is the ability to diversify and earn as if you're one of the big boys. The downside is YOU have to know your tolerance for risk taking and YOU have to stay on top of the mix to ensure proper diversity. The linch pin is YOU. YOU have to take responsibility for your future, your money, and your earnings. If you don't want the responsibility, open up a passbook savings account. Once you save enough money, you could buy an annuity, and if the company is still in business after you stop working and enough time has passed, maybe they will make good and pay out your benefit over time as promised, or maybe not. You could always bury your cash in a can in the backyard. That's almost as solid a plan as F.I.C.A.!!!
 








Anonymous said:
Most folks don't want to think so they do a 401k plan and put it on autopilot-requires no thought.
Most lose in the end.
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Really? Well my first 6% earns 100% return with the match. And just what are investing in, payday loans?

I think you have very firmly established yourself on this bb as a complete idiot.
 




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