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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (16814)	2/9/2004 9:01:36 AM
From: Amy J	Read Replies (1) \| Respond to of 306849

Darfot, RE: "if you did a similar thing, then your discipline is admirable." I'm a creative type that likes to achieve goals. Disciplined people would cut variable costs (VC) while keeping Fixed Costs (FC) high. A creative person cuts FC to the bone and leaves creative room for VC. RE: "401k account, which itself, due to high management fees, is likely to return considerably less than the market over time" My startup has a 401k plan that allows employees to invest in anything they want. Stock, bond, mutual fund, whatever. Am a huge believer in letting people decide. I think it's fiduciary irresponsible to impose a company's preferred selected mutual funds onto other employees. The firm we work with, eventually went on and did the 401k back engine for Charles Schwab's firm. Regards, Amy J