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UPS Partners
UPS Management Retirement Pay out next year?
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<blockquote data-quote="Catatonic" data-source="post: 979203" data-attributes="member: 7966"><p>I could make the generalization that the typical management person would do worse than the typical driver.</p><p>Drivers do not go into management because they don't want the risk and the hassle.</p><p>401k investing is about not taking risks (adverse to just about what every investor will tell you).</p><p>401k is your future and if you see it as a replacement for your pension, you should not be taking risks with it.</p><p>Put it in Index funds that cover a broad part of a market.</p><p>Most management people I know have a false sense of their abilities and start investing in risky investments and invariably lose.</p><p>Many of them go into individual stocks trying to compete against investment companies with hundreds of analysts on their payroll.</p><p>Not exactly good odds.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 979203, member: 7966"] I could make the generalization that the typical management person would do worse than the typical driver. Drivers do not go into management because they don't want the risk and the hassle. 401k investing is about not taking risks (adverse to just about what every investor will tell you). 401k is your future and if you see it as a replacement for your pension, you should not be taking risks with it. Put it in Index funds that cover a broad part of a market. Most management people I know have a false sense of their abilities and start investing in risky investments and invariably lose. Many of them go into individual stocks trying to compete against investment companies with hundreds of analysts on their payroll. Not exactly good odds. [/QUOTE]
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UPS Management Retirement Pay out next year?
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