Quote:
Originally Posted by MikeWaters
This is the thread where you beg and cry and cajole, in hopes of a bailout because you are worried that your 401k will lose its value.
Tripletdaddy and ExUte are the first declared members of this group.
Amounts will increase your cred, as in "I just lost $469,000 from my 401k yesterday."
It is de rigeur to claim that while you are of course concerned about your own financial position, you are MORE worried about other people's welfare and that is the primary reason you support a bailout.
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I know you "bring it" in the Finance category, but most high net individuals are not hoarding $500K in a 401K account. Just a little FYI....
Can you imagine, a CEO of a large F500 company...."Let's see, I can contribute up to 6% of my income to my 401k and my employer will match!....oh, wait, I am a partner at this extremely large firm....we don't HAVE 401K options because we own the company."