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Newbie Here.. Want more info on Pension plan
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<blockquote data-quote="Tyrone Slothrop" data-source="post: 84050" data-attributes="member: 4701"><p>It seems as though it is heavily invested in UK and Japanese stocks. still believe that one could do much better than a Teamster-UPS 401(k) by investing in gold and domestic oil futures. Confidence in the status quo, or lack thereof, should be a guiding factor. I have yet to see a financial advisor suggest putting money into a non-matched 401(k).</p><p></p><p>If you want an eye opening, do a little reseach on a Mr. Richard Rainwater. He seems to do quite well, investment wise. </p><p></p><p>As he said:</p><p><em>"I don't want the world to wake up one day and say, 'How come some doofus billionaire in Texas made all this money by being aware of this, and why didn't someone tell us?'"</em></p><p></p><p>Good luck in your investing, and don't pay too much mind to what is said at this, or any other website. Free advice is worth what you pay for it.</p><p></p><p>In the meantime, cash, gold, and long on domestic oil. I've made enough to last my lifetime, just working on the kids lifetimes now <img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p></blockquote><p></p>
[QUOTE="Tyrone Slothrop, post: 84050, member: 4701"] It seems as though it is heavily invested in UK and Japanese stocks. still believe that one could do much better than a Teamster-UPS 401(k) by investing in gold and domestic oil futures. Confidence in the status quo, or lack thereof, should be a guiding factor. I have yet to see a financial advisor suggest putting money into a non-matched 401(k). If you want an eye opening, do a little reseach on a Mr. Richard Rainwater. He seems to do quite well, investment wise. As he said: [I]"I don't want the world to wake up one day and say, 'How come some doofus billionaire in Texas made all this money by being aware of this, and why didn't someone tell us?'"[/I] Good luck in your investing, and don't pay too much mind to what is said at this, or any other website. Free advice is worth what you pay for it. In the meantime, cash, gold, and long on domestic oil. I've made enough to last my lifetime, just working on the kids lifetimes now ;) [/QUOTE]
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Newbie Here.. Want more info on Pension plan
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