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Pension plans debate
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<blockquote data-quote="JonFrum" data-source="post: 792059" data-attributes="member: 18044"><p>Maybe you'd better explain how you think pension plan money is handled. I believe it's handled by the same kinds of top Wall Street investment firms that UPS and all the other plan sponsors employ.</p><p> </p><p>Do you think the money is handled by a cigar-chompin' pinky-ring-wearin' wiseguy named Vinny "Fingers" Boomba?</p><p>- - - -</p><p>After you get home from work and finally realize you need to sell, you may be selling because the professionally managed pension fund already sold its holdings earlier in the day (or earlier in the week.)</p></blockquote><p></p>
[QUOTE="JonFrum, post: 792059, member: 18044"] Maybe you'd better explain how you think pension plan money is handled. I believe it's handled by the same kinds of top Wall Street investment firms that UPS and all the other plan sponsors employ. Do you think the money is handled by a cigar-chompin' pinky-ring-wearin' wiseguy named Vinny "Fingers" Boomba? - - - - After you get home from work and finally realize you need to sell, you may be selling because the professionally managed pension fund already sold its holdings earlier in the day (or earlier in the week.) [/QUOTE]
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