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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Joan Osland Graffius who wrote (203661)11/9/2002 5:43:24 PM
From: Smart_Money  Read Replies (1) of 436258
 
Our 401K plan does not offer anything completely safe. The safes offered is Money Market fund. They do over a guaranteed fund but it is only guaranteed by a Life Insurance company and once you put it in you can not withdraw for 5 years, (if you do you lose any interest earned and some principle).

We have very little choice of positions. The 401K plans want you fully invested in the Stock Market. I am not happy but what choice do we have.
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