How Many people have a 401k hate Wall Street

Discussion in 'Politics' started by JRK, Oct 31, 2011.

  1. JRK
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    JRK Senior Member

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    On top of everything else that is harming our economy now Wall street is getting another black eye when the first one was un called for
    Why is that?
     
  2. konradv
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    konradv Gold Member

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    God no. What a scam. Just a way to get fees from people who don't have the knowlege, time or patience to invest correctly. Give me a traditional pension. At least they should be run by experts.
     
  3. LoneLaugher
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    LoneLaugher Diamond Member

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    There is no hate for Wall Street. Just the corruption on Wall Street.
     
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  4. Defiant1
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    Defiant1 Gold Member

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    What corruption is there that hasn't been prosecuted?

    What has Wall Street done to the protesting losers?

    Most of them don't have two nickels to rub together, I'm sure they don't own a stock portfolio.
     
  5. uscitizen
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    uscitizen Senior Member

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    I cashed in MY 401K when I saw what was coming. The 15% penalty was far less loss than I would have suffered had I left it alone.
    I threw it into gold and Made 200%.
     
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  6. LoneLaugher
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    LoneLaugher Diamond Member

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    I like that. You used "most of them" instead of actually stating a percentage. That is probably because you don't have any numbers or evidence.

    I am a protester. I own a stock portfolio.
     
  7. JRK
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    JRK Senior Member

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    good for you, sold by a wall street employee still (probably)
    let me add that Citigroup was 0.99 a share 2009
    its about 8 today (it did a reverse split)

    missed that one
     
  8. JRK
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    JRK Senior Member

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    what exactly are you protesting?
     
  9. LoneLaugher
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    LoneLaugher Diamond Member

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    *sigh*.......this dopey nutter wants to quiz me.............as if I haven't answered this question in forty different ways already. I protest many things. here are three.

    Point 1. I protest the vast income inequality in this nation.
    Point 2. I protest the lack of regulation in our financial market.
    Point 3. I protest the loss of our manufacturing base due to corporate greed.

    Now.......try harder.
     
  10. Charles_Main
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    Charles_Main AR15 Owner

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    The Lefts hatred of Cooperation's and Wall street is totally Insane.

    The Left loves Unions, and Unions all Have their Pension Plans heavily Invested In Cooperation's on wall street. If Wall Street Does bad, So does the Vast Majority of Americans Retirement Plans. If US cooperation's do poorly so do Retirement Plans.
     

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