The 401k Fallout
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Uploaded by CBS on Apr 19, 2009
Checked your 401k lately? The recent financial collapse has devastated this retirement resource. Older workers are hardest hit, as their financial futures may now be at risk. Steve Kroft reports.
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suckers u friggin suckers cry all you want dont trust yourselves trust government thats right even after all the damages keep on trusting them. But hey the worst has yet to come.
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There's a software program that tells you what your best performing mutual funds are in you 401k and gives a bullish/bearish market signal (text and email alert) to let you know when a possible crash or dip in the market will happen... which then you will get into a cash account to secure your savings. It predicted the 2008 flash crash. If anyone's interested it is sold at maximizemy401k(DOT)com. Highly recommended.
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the lobbyist needs to brush his teeth once in a while.
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The the Tea Party representative wants to these Goon to take care of our Private version of Social Security. Wake up. I prefer no Social Security than let these crooks with license take to care of my money. If you let these hoodlums take your money, they wiII steal it. That simple. They will argue, blah, blah and blah.
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get out of the stock market, wall street is a giant pnzi scheme!!
4 months ago 3
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screw the boomers, they stole all our jobs, never saved, and dont want to retire! they caused the bankruptcy of the usa, wait till they start milking the social security system dry, you aint seen nothing yet!!!!
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The whole American financial system is a legalized pyramid scheme.
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Keep in mind that with all this finger pointing, it is the Government - politicians in Washington - that created this problem by creating the 401K industry. They are the ones standing behind, regulating, monitoring, and sanctioning this industry.
whovian1979 2 years ago 13
This is one of the reasons. People need to be educated about options and alternatives. The Banks, Wall Street, and etc. do not want people to know or understand. That they can pool there 401K, pensions, IRA together with friends, associates, and family that are like minded and take control of there life savings. You have alternatives and Wall Street does not want you to understand this. FIRE Wall Street, and get educated. You have options. NoteBuyingWithYour401K,
BuyNotesWithYour401K 2 years ago 6