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Ace Hanlon

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Ace Hanlon

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Re: lostalot post# 5973

Sunday, 07/21/2002 1:12:53 PM

Sunday, July 21, 2002 1:12:53 PM

Post# of 704049
Even though retired I left my 401K alone. 100% fixed income. But my 401K has a guaranteed annual return of 5.8% on fixed income. Way above money markets.

I don't know how common such returns are in 401Ks, but 5.8% risk free is a great alternative to stocks. People getting these kinds of returns may not get back into equities so quickly.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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