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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: diver913 who wrote (49731)1/6/2002 5:37:53 PM
From: substancep  Read Replies (1) of 54805
 
Meredith,

But as one of the people who's held accountable for ensuring people are fully informed and educated, I backed off my initial enthusiasm after spending hours researching our options. Our conclusion: Too much risk. As owners, we're liable for employees' education about potential stock purchases.

That doesn't surprise me given our insanely litigious society. What a shame.

I, also, would not be surprised if you are eventually held accountable for the underperformance of those money managers handling the 401k mutual funds you offer your employees. Solution? No 401k.

It's worth asking your management to find out the reason for their current structure.

I did. The respondent was contemptuous and condescending.

I do not work there anymore. :-)

Bryan-end of rant
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