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To: TheStockFairy who wrote (172480)6/13/2002 12:45:41 PM
From: Knighty Tin  Respond to of 436258
 
TSF, My guess would be that retirement will never happen. Of course, the long term asset can be defaulted on and the 401K can do better and the co. can be taken over. Or, somebody wins the lottery.



To: TheStockFairy who wrote (172480)6/13/2002 6:02:34 PM
From: orkrious  Read Replies (2) | Respond to of 436258
 
What happens to your future outlook when you purchase an illiquid asset that takes 30-40% of your income and takes you 30 years to pay off while your 401k loses 50% of its value roughly monthly and your company has cut out it's pension plan?



you left off the fact that for a good period of time the illiquid asset will be losing value.