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UPS Union Issues
New Video! UPS Teamsters 401k Most Common Questions
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<blockquote data-quote="728ups" data-source="post: 5195099" data-attributes="member: 33372"><p>I never understood those drivers in their 30'sand 40's and who had ZERO investments. They had big houses,boats ,motrcycles,big Ford and Dodge trucks but couldnt 'afford" to invest. </p><p>I put every raise from 2000 -2020 in UPS stock and 401K. My wife's company matched her 401K contributions so she contributed the absolute max. </p><p>From 2008-2011 or so the market was in the toilet and I invested so much it almost caused marital problems ,but it turned out to be a great move. The Market is down now but the cycle will swing upwards in time. </p><p></p><p>I made a plan to get out as soon as I could and between the Pension,401K and Stock I am sitting pretty good. I HIGHLY encourage everyone to save until it hurts</p></blockquote><p></p>
[QUOTE="728ups, post: 5195099, member: 33372"] I never understood those drivers in their 30'sand 40's and who had ZERO investments. They had big houses,boats ,motrcycles,big Ford and Dodge trucks but couldnt 'afford" to invest. I put every raise from 2000 -2020 in UPS stock and 401K. My wife's company matched her 401K contributions so she contributed the absolute max. From 2008-2011 or so the market was in the toilet and I invested so much it almost caused marital problems ,but it turned out to be a great move. The Market is down now but the cycle will swing upwards in time. I made a plan to get out as soon as I could and between the Pension,401K and Stock I am sitting pretty good. I HIGHLY encourage everyone to save until it hurts [/QUOTE]
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