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UPS Retirement Topics
UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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<blockquote data-quote="Benben" data-source="post: 1117140" data-attributes="member: 25133"><p><strong>Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20</strong></p><p></p><p></p><p></p><p>S&P was up 16.6% from Dec30 2012-Jan4 2013, (1257 to 1466.) PSEC up 20.7% same time (9.29 to 11.22.) During that time $1.20 in Divis were paid. Thats 13% yield IN ADDITION TO THE 20.7%. 20.7% + 13% = 33.7% ROI. I could be wrong here but isn't 1/2 of 33.7% bigger than 16.6% </p><p></p><p><strong>Realbrown1</strong> is 100% correct. I started doing this because putting cash in a savings account is WORTHLESS currently and has been for some time now. Putting monies into a 401K or an IRA locks those monies up and they can not be touched without paying a nasty penalty. I have a 401K and the lion's share of my savings goes into it. But anyone with 1/2 a brain will have monies that are easily accessable, set aside for emergencies. Thats what this is all about! </p><p></p><p>Always working for your money and not letting your money work for you is dumb in my opinion. As far as trading being the same as playing craps and "gaming the system" please explain because where I am sitting the numbers prove otherwise.</p></blockquote><p></p>
[QUOTE="Benben, post: 1117140, member: 25133"] [b]Re: UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 20[/b] S&P was up 16.6% from Dec30 2012-Jan4 2013, (1257 to 1466.) PSEC up 20.7% same time (9.29 to 11.22.) During that time $1.20 in Divis were paid. Thats 13% yield IN ADDITION TO THE 20.7%. 20.7% + 13% = 33.7% ROI. I could be wrong here but isn't 1/2 of 33.7% bigger than 16.6% [B]Realbrown1[/B] is 100% correct. I started doing this because putting cash in a savings account is WORTHLESS currently and has been for some time now. Putting monies into a 401K or an IRA locks those monies up and they can not be touched without paying a nasty penalty. I have a 401K and the lion's share of my savings goes into it. But anyone with 1/2 a brain will have monies that are easily accessable, set aside for emergencies. Thats what this is all about! Always working for your money and not letting your money work for you is dumb in my opinion. As far as trading being the same as playing craps and "gaming the system" please explain because where I am sitting the numbers prove otherwise. [/QUOTE]
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UPS/Teamster 401k...Prudential to a Dreyfus self managed account...+22.86% for 2012
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