The latest brainchild of some Democrats
How about we take over the Americans' 401k's
and make them have a starting value that they
would have had in August...before the market
losses. We will then guarantee 3%
on that money and give it back as a lump sum
I don't think so!
I, for one, think that is a terrible idea!
I expect the value of (my/our) 401k to fluctuate.
This means that because we continue to contribute
during these lean times...we are buying shares at a
huge discount...we have time for the market to recover
before Warren will retire and we will do better than
I do not want the Government messing around with
my retirement plans!
Don't you love how they have handled Social Security?
Want to trust them with your own private savings?