The Millennium Crash Message Board

STOCKTALK

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.

Strategies & Market Trends : The Millennium Crash

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (4184)	5/15/1999 8:34:00 AM
From: clochard	Read Replies (2) of 5676

I just had an interesting encounter with my Merrill Lynch 401k plan. After reviewing my losses for the last two years, where over $1100 invested is now $690 in one fund (Merrill Lynch Growth Fund), I decided I needed to liquidate it. To my surprise, the automated system was remarkably simple when I went to sell this fund except for one problem: I can only transfer the proceeds to another fund out of 9 available, money market not being one of them. This is a preview of what this bull market will turn into. Millions of retirement plan participants will be locked into lousy funds and will be left holding the bag WHEN the market declines.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next