Archive for September 3rd, 2010
Daily Archive
Friday, September 3rd, 2010
The 401k Will Soon Be Dead
If Uncle Sam thinks I’m going to “voluntarily” buy Treasury bonds with my 401k, he’s going to have a big surprise when I simply stop contributing and opt out, assuming that option is even available. For decades third world countries have been nationalizing and seizing pension plans and now the U.S. seems to be headed [...]