Deseret News | Reader comments: Waxing philosophical about 401(k)s

Reader comments
Waxing philosophical about 401(k)s

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Leonard | 11:50 p.m. March 3, 2009

When I saw the market start to drop toward the end of 2007, I made sure all my 401k was in short term 'cash' Since then, my 401k has risen 4 % annually. My boy kept his in high risk stocks and he is setting at a 55% loss right now for the last year. Obama says this quarter will be no better than last quarter, so why would I want my 401k in stocks?

GTO | 2:05 a.m. March 4, 2009

When the Democrats took back congress majority, I got out of the stock market because I knew what would happen to the stock market. I am very glad I did! Word to the wise: whenever Democrats are in power, investors beware!

Socialism | 4:13 a.m. March 4, 2009

Within a year, Obama will have shut down your 401 K plan and will have taken your hard earn dollars to fund all of his "PORK" in his new stimulus package.

"CHANGE" you wanted change you're about to have none!

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