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More gloom and doom..CS is tanking
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<blockquote data-quote="CharleyHustle" data-source="post: 1592345" data-attributes="member: 26998"><p>In a round about way. My understanding was the Thrift Plan was created in the early 60's under Security & Exchange rules and regulations that limited what the money could be invested in. During the hyper growth years of the 70's-80's the fund did very well. The fund got way to big for the restrictions placed on it and the administers (UPS) had no where to invest all the money and were predicting lower and lower returns into the future. They decided, along with many other Thrift Plans of the time to end the fund. If you did buy UPS stock with it, you did very well.</p></blockquote><p></p>
[QUOTE="CharleyHustle, post: 1592345, member: 26998"] In a round about way. My understanding was the Thrift Plan was created in the early 60's under Security & Exchange rules and regulations that limited what the money could be invested in. During the hyper growth years of the 70's-80's the fund did very well. The fund got way to big for the restrictions placed on it and the administers (UPS) had no where to invest all the money and were predicting lower and lower returns into the future. They decided, along with many other Thrift Plans of the time to end the fund. If you did buy UPS stock with it, you did very well. [/QUOTE]
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