SI
SI
discoversearch

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.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Catcher who wrote (20217)12/29/1998 4:45:00 PM
From: MileHigh  Read Replies (4) | Respond to of 77400
 
Catcher,

I left a company after many years and pulled my 401K out and into schwab. My IRA this year is up 72%, do you think I would have gotten this out of standard 401K funds? I think not!

I am not trying to sound smart because most of my gain was probably luck, but it all spends the same. So I am not relishing the idea of of getting back into my new 401K and not being able to manage the money, but the benefits of a 401K far out weigh not contributing in order to mange your money, i.e., company match, tax defered, etc...

Oh well!

MileHigh



To: Catcher who wrote (20217)12/30/1998 9:32:00 AM
From: DownSouth  Read Replies (3) | Respond to of 77400
 
RE: 401(k) trading.

There is another alternative to employees who wish to trade equities with the money in their 401(k)--change employers and roll the 401(k) into a self-directed IRA.

That turns out to be one of the top benefits I have realized from leaving an employer in 1995. I have been able to triple my 401(k) seed money, but, in this market, everyone is a genius. <g>


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News