Just got off the computer after viewing an hour-long
Fidelity webnar entitled: "How the Election May Effect Your
Benefits Strategies and How to Invest for 2013 and
Beyond"
Had to sit in given my role as administrator of our firm's
profit sharing/401K plan. What a waste of time! The
same optimistic drivel you hear from talking heads on CNBC.
You never, ever hear them express even the remote possibility
of financial markets dropping precipitously.
Here's the summary (honest, I couldn't make this up):
-"Most people are not skilled enough to manage their
money"
-"Taxes are apt to go up"
-"Buy Fidelity's target date funds (but learn what they're all
about first)"
Incredible....
Posted by RichieD on 14th of Nov 2012 at 04:17 pm
Just got off the computer after viewing an hour-long Fidelity webnar entitled: "How the Election May Effect Your Benefits Strategies and How to Invest for 2013 and Beyond"
Had to sit in given my role as administrator of our firm's profit sharing/401K plan. What a waste of time! The same optimistic drivel you hear from talking heads on CNBC. You never, ever hear them express even the remote possibility of financial markets dropping precipitously.
Here's the summary (honest, I couldn't make this up):
-"Most people are not skilled enough to manage their money"
-"Taxes are apt to go up"
-"Buy Fidelity's target date funds (but learn what they're all about first)"
brokers, banks and other educated
Posted by freddy123321 on 14th of Nov 2012 at 04:21 pm
brokers, banks and other educated bozos have done a fine job. my 4 yr old knows more from my daily diatribes than those clowns!