SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KLP who wrote (101365)2/21/2005 4:01:04 AM
From: Lane3  Read Replies (2) of 793754
 
Have these people had any trouble with their retirement packages losing funds?

I've not heard of any although there probably have been some.

There was a secretary in my office who told me she had just switched her money to the bond fund. She thought it was like a money market fund only with higher returns. I warned her that bond funds weren't a good place to be when interest rates were rising. When I retired, I made a point of reminding her that she needed to remember to bail when rates started moving up.

I imagine that there are a lot of participants who don't understand even such basics. They don't train you. Still, it's hard to get into too much trouble with those limited vehicles particularly over the long haul if you dollar cost average and don't move your money around carelessly. Seems to me to be a good model for SS.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News