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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: StockHawk who wrote (24984)	5/18/2000 12:25:00 PM
From: Mike Buckley	Respond to of 54805

Also, most 401K plans provide a company match, often dollar for dollar or at least 50 cents on the dollar. StockHawk is right, of course, but a lot of companies offer much lower matches. And some of them don't use cash. Instead, they use company stock. If the company or stock is a dog, the match can be worth a lot less. I and my wife know all about the use of company stock used to match 401k contributions. She at one time had an employer who did that. The company's stock in a relatively short time had no value. None. Zero. --Mike Buckley

To: StockHawk who wrote (24984)	5/18/2000 6:03:00 PM
From: H Peterson	Read Replies (3) \| Respond to of 54805

StockHawk, Also, most 401K plans provide a company match, often dollar for dollar or at least 50 cents on the dollar. My company has no match. The boss contributes about 6% of the company profits to his employee's if we are in the 401K or not. Nothing to loose on that issue. First you really should move to Sharebuilder as Kumar suggested. I went to the site and read up on it. I just don't feel like I have the flexibility as I would have with ETrade. What I do now is do a cash transfer each week to ETrade from my personal checking account. No charge from E*Trade or my bank. With Sharebuilder as I understand it, you specify an amount you want to send each week. Some weeks I might want to send more or less. But I will look at it some more. H Peterson PS... #20 will be purchased tomorrow.