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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (19740)	6/4/1998 10:30:00 AM
From: Oeconomicus	Read Replies (2) of 94695

in a typical silicon valley household, 3 thousand per couple goes into the 401K every month. Bonnie, assuming that it is typical for silly valley folks to put 6% (to get the max match at most companies) to 12% (HWP's absolute max) into their 401k plans, it appears that the "typical" silly valley household makes $300,000 to $600,000 per annum. If that's true (do you bus in retail and restaurant employees from Oakland?), it's no wonder that you have a different view of the world than those of us out in it. It's almost as if you live in an entirely different country with its own currency (stock options) and its own inflation rate (million dollar bungalows?). The Tokyo of the US. And the only place in the country (except for sports and entertainment) where workers have agents to negotiate employment contracts. Greetings from the real world, Bob

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