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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: haqihana who wrote (19263)5/20/2000 5:31:00 PM
From: greenspirit  Read Replies (1) | Respond to of 769670
 
I would imagine some government intervention would be necessary to prevent people from trading madly, or pulling their money out of the system while still young. So in effect, the system could be set up to ensure long term investment ideals are promoted.

Most people I know who have 401K's or IRA's are not trading wildly. Most are invested in mutual funds and a few select stocks.

The bottom line is a pathetic 2% is not even worth worrying about! All these concerns about the type of behavior you cite might be relevant if it was 100% or even 50% of ones social security, but a pathetic 2%! C'mon haqihana, you're starting to sound like a (the sky is falling) Democrat. :)

Michael