4 ms·
Instead of putting your 401k in stocks and bonds, you should've devoted it to making political contributions. The ROI is far greater, and the volatility much m
by Dilpil 17y ago
Instead of putting your 401k in stocks and bonds, you should've devoted it to making political contributions. The ROI is far greater, and the volatility much more manageable.
- JimmyL 17y agoThe real unfortunate thing is that most funds that are offered for 401k use are terrible, expensive, and perform badly.
- mattmcknight 17y agoI don't understand why people don't do IRAs. I can invest in whatever I want. Leave 401k for employer contributions.
- dantheman 17y agoIRA's have limits, and you pay tax now, instead of later. 401ks let you reuduce your taxible income & most employer contributions are some sort of matching.
- mattmcknight 17y ago401ks have the same maximum dollar investment limits, but you can invest in whatever you want in an IRA. You only pay tax now on Roth IRAs, not standard IRAs, which are tax deferred. I don't like matching. I think the company should just throw some amount of money/profit sharing into the retirement plan- which is what every place I've worked at for the last 13 years (including my own company now) does.
- dantheman 17y agoI think the limits vary by type... IRA 2009 $5,000 $6,000 401k 2009 $16,500 $22,000 http://www.themoneyalert.com/Retirement-Plan-Limits.ht http://www.themoneyalert.com/Retirement-Plan-Limits.ht