Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (30209)	10/4/1998 9:10:00 PM
From: HairBall	Read Replies (1) \| Respond to of 94695

Gersh: I think in some cases, companies do not meet their fiduciary responsibilities with regard to their employee 401K plans. I have seen 401K plans in which employees actually invest blind. Some executive in the company makes the investment decisions and employees have no idea how their money is invested. In cases like this, I recommend that employees not participate in the 401K plan! In cases like the above or with 401K plans where one has no alternative to being long in stocks, I would recommend exploring the IRA and or Roth IRA option instead! BWDIK Regards, LG