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Teamsters pension cut
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<blockquote data-quote="Faceplanted" data-source="post: 2682480" data-attributes="member: 56697"><p>lol at blaming the market!!! Come on man</p><p></p><p>Pension funds should not be invested to heavily into violtile stocks. That's mis management. They should be spread out over bonds, stocks that are steady such as s&p 500, foreign investments/currency's, and commodities. Eberything should be fairly low risk to basically just compensate for inflation. </p><p></p><p>To blame the market is a complete cop out. The union mis managed our funds and it's not acceptable. Anybody who took economics 101 could have done a better job than the crooked side deal making people in charge of my hard earned money.</p></blockquote><p></p>
[QUOTE="Faceplanted, post: 2682480, member: 56697"] lol at blaming the market!!! Come on man Pension funds should not be invested to heavily into violtile stocks. That's mis management. They should be spread out over bonds, stocks that are steady such as s&p 500, foreign investments/currency's, and commodities. Eberything should be fairly low risk to basically just compensate for inflation. To blame the market is a complete cop out. The union mis managed our funds and it's not acceptable. Anybody who took economics 101 could have done a better job than the crooked side deal making people in charge of my hard earned money. [/QUOTE]
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