Ken Lay is dead...

[KenP]

Originally Posted by ShaggyX

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.

It's called diversifacation. A relatively new concept.

[HummBebe]

Originally Posted by ShaggyX

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.

I think that thought process directly relates to your age....you talk estate planning/investing like your 75 j/k

[PARAGON]

Originally Posted by ShaggyX

Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.

I was referring to YOU being stupid. A 401K is nothing like a MM account or a CD which are both banking products.

One of the reasons so many people are pissed off about the Enron deal is that much of the Enron employees' 401Ks were vested in Enron stock.

[dеiтайожни]

This movie is funny.