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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Joan Osland Graffius who wrote (211379)12/27/2002 12:44:20 PM
From: Rob Fritz  Read Replies (1) of 436258
 
Joan, pretty amazing how, after all the losses, many still are 100% long equities in their 401k. I have an ex-high-tech-'executive' (dot-com) friend who's been unemployed for 18 mos. and was complaining to me about having sell 401k mutual funds at a loss for living expenses--doesn't seem to care he's tapping into retirement funds, but is bothered he has to sell now that the 'market has bottomed'... Rob
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