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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (15355)	12/21/2001 9:36:02 AM
From: furrfu	Respond to of 99280

Like most arguments where the opposing sides are so far apart, the truth, i figure, has to be somewhere in between. The way I see it, a 401(k) isn't real money until a) you retire and start depending on it, or 2) It's completely, totally, irrevocably gone. Until one of those two things, most people are just working Joes and it's just a perk, something for the future. Most Enron exes, Steel workers, etc., are not financial wizards, they're trying to stay ahead of the game. Of course they could have taken their profits off the table. But that would be disloyal to the source of the profits, not to mention a signal of distrust toward the employer you show up at every day. NOT my viewpoints, but I can see how a huge majority of people could get to the above position with not too much effort. Doug