Reply #28: I recently read that some of these company CEO's [View All]

[AnneD]

are running into resistance from mutual fund managers and others. I am hoping that as money flows back from hedge funds and derivatives into the markets-there will be more pressure to curtail these excesses. The poor year recently has already force some CEO's to have their salaries cut and little if any bonuses. At the moment it is just a blip on the screen but we can hope.

If your 401K is matched by you company I would only give to the match and no more. That match can offset some of the loss. I have a few 403B's and one 401K that was matched and have rolled these into other investment, but these days I do self directed or indexed things. Because of my age, I like Roth's at the moment. I am big into commodities-like canned good and some metals;)They are keeping up with inflation:rofl:

Believe me, every time Congress meet and passes law, I talk to my CPA and other investment folks and re adjust. You really have to be hyper vigilant in protecting your money from these folks.