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Originally Posted by ShaggyX
Why would a steady return, low risk savings be stupid, while higher return...higher risk savings be smart? Wouldn't consistent 5% return be safer/better than a 20% return that could turn into a -100% return? Seriously.
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I was referring to YOU being stupid. A 401K is nothing like a MM account or a CD which are both banking products.
One of the reasons so many people are pissed off about the Enron deal is that much of the Enron employees' 401Ks were vested in Enron stock.
