Any interest in a Financial Markets thread here?
I bet. Pensions are a joke and un-sustainable long term. I had a 401k and man did the options suck with them. Gotta love 401k scenarios where fund managers can't go past x% cash and they can't short the market in a bear cycle. I also enjoy the "markets gain 8% per year on average" and "put x% in your 401k every paycheck and retire a millionaire". LOL. I'm happy to be rolled over to a self directed IRA these days where I can trade options as insurance etc...I'll stick to poker and ponies. I received a letter a few months ago about my pension fund being in critical status. I know if I had my money I could do a lot better of a job investing then they have done.
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