Sounds way better than it is: 401k 的致命

- lack of control, it is hard to manage ( you can't trade any stocks and there are very limited mutual funds available). consider changing your job to directly rollover your 401k in to IRA which won't result in any tax payable and you can trade stocks as you want.

- it is not FDIC insured, sorry;

I don't really like the idea having your hard-earned $$, specially retirement acct, managed by people you don't know. Our social security is the same story as 401k. Both are not reliable at all. And both sounds free loans to others or government. Passive investment, indeed.

sometimes, I am thinking, instead of making contribution to 401k, why don't I buy a nice house with decent furniture ( real properties, isn't it?) for my retirement b/c house and furniture aren't depreciated as much as cash unless earthquake.

IS CASH STILL A KING? You tell me, then.

所有跟帖： 

• Agree with u -悠闲道人- ♂ (182 bytes) () 07/30/2008 postreply 11:19:38

• 回复：just contribute the amount -SFbayareaguy- ♂ (128 bytes) () 07/30/2008 postreply 11:46:38

• I have to admit, my 401K performance is better than self managed -10203040- ♀ (538 bytes) () 07/30/2008 postreply 12:04:56

• You are lucky. This reminds of another downside of 401k. -美西游子- ♀ (106 bytes) () 07/30/2008 postreply 13:39:36

• actaully, I play this way to mitgate the risk -10203040- ♀ (321 bytes) () 07/30/2008 postreply 16:14:56

• It is all about market.. -美西游子- ♀ (474 bytes) () 07/30/2008 postreply 16:47:51

• Diversify Diversify Diversify ~~~ -Frontline- ♀ (312 bytes) () 07/30/2008 postreply 19:24:36

• I am just wondering how many SOMEs do you have, 20M? -美西游子- ♀ (681 bytes) () 07/30/2008 postreply 20:07:57

• you can diversify 100K, excluding real state, right? -Frontline- ♀ (146 bytes) () 07/30/2008 postreply 22:57:07