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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (78618)3/12/2001 3:14:34 AM
From: Don Lloyd  Read Replies (1) of 436258
 
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Right at the very apex last year, where I work, they added a new fund option for the 401k that mirrors the QQQ and the fellow explaining it said what such a good idea it was and how you had to be ready for volatility. He was buying and so on... When he came back a month ago -- his enthusiasm wasn't dampened a bit -- Go figure <g>

Assuming that he is only allocating new funds to it, and has not converted existing funds, an early crash may be the best possible outcome as it only negatively impacts the small amount of invested funds, and insures better prices and lower risks for future 401K cash flows.

Regards, Don
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