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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: DCPI who wrote (3773)	1/12/1999 6:56:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 99985

Sean .. Very good points .. thanks for pointing that out to me. "I would guess that the number is may now be as high as $50 billion (the average person puts $2000 in a 401(k) per year and 25 million people are active in plans). This is still a small number compared to mutual fund cash flows." So then .. when you say that only 1% of the US population contributes to a 401k, is that your guess or is that some published data? TIA Gersh