Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"Short version: the writer is holding FAN to a standard she made up out of thin air, and which the fund in no way claims."
@AndyJ: Evidently you are unaware that, per the "presidential" example, all "standards" are now made up out of thin air, and …
In other Pension News:
Kathleen Pender is reporting in today's San Francisco Chronicle that California is about to introduce "CalSavers", a state-run retirement plan for private-sector workers whose employers don’t offer one. Any employer with at l…
By the way...
I'd like to comment that it's encouraging and refreshing to see a fairly long post dealing with matters that could be divisive, depending upon your point of view, maintaining a very civil and non-confrontational atmosphere. Upon refle…
"If 401ks are such a great deal for employees compared to pension plans, why would companies be so eager to jettison their pensions in favor of 401ks?"
@LewisBraham- I don't think that anyone would suggest that the present 401k situation is a "grea…
@WhollyTerriers- That would depend on whether the plans that you cite have a vesting provision, and if so, what the details of that might be.
Again, you do raise valid issues with respect to losing benefits if you leave an employer before retiremen…
@WhollyTerriers- Thanks for the reminders. You are absolutely correct, and we tend to forget about the bad things that happened in "the good old days".
"I get that a lot of people hate millennials, but I think it is just a classic hating the younger generation thing."
Why on earth would anyone "hate" an entire generation? Not identify with them, perhaps, not understand them well, OK, but "HATE"???
About that TRP article: actually not a very good American cross-section...
"T. Rowe Price surveyed workers of both generations who were contributing to their workplace 401(k) plans. Admittedly, Americans who are committed to saving for retirement a…
"Many Americans don't have much money saved because quite frankly they're just getting by."
@LewisBraham_ I have no argument with the main thrust of your comment, regarding the basic superiority of a defined benefit pension over the 401k semi-ripof…
Gary Cohn has just resigned his White House position as director of the National Economic Council, because of the tariff decision. Says Trump, per WSJ: "I like conflict".
@Maurice: So in your world an "opinion" is nonfactual and invalid simply because it is an opinion. Unless of course that opinion happens to be yours. Nice try. More absurd by the day.
"collective common good"
@Crash: "I'm sorry, the number that you have dialed is not in service at this time. Please be sure that you have dialed correctly"... "I'm sorry, the number that you have dialed is not ...
"another problem I believe to be at the roots of this is that we don't do a great job educating people on money."
@JoJo26- I agree completely, and have been saying the same thing for at least fifty years now. People of our generation (some of us, a…
@catch22- It's just another one of those simplistic put-downs from the right. You see it frequently from the Trumpsters in the WSJ article commentaries. The inference is that we are still pining over the loss of the White House in the last election,…
"It is an opinion piece, and is highly biased toward unions and singles out Republicans."
@Maurice: It was a fairly detailed article: if it was so nonfactual as you would have us believe surely you could find a few specific examples for us. Your de…
I suggest that most other OT Threads are usually not titled in a manifestly partisan and denigrating way. (That sort of thing may creep into some of the commentary from time-to-time, but at least it's not an in-your-face headline assault.)
Speaking…
Yes, that NBC link squares with information published in this morning's WSJ. Oddly, I can't seem to find that article in WSJ on-line, but that's probably a failure on my part.
@PRESSmUP- That print version article notes that Rob Porter, recently di…
The use of such labels as "repuglican" or loaded comments such as "So sad!" contribute nothing useful to the conversation, and lowers the level of MFO to that of the WSJ blog commentary pages. It is for exactly that reason that management sometimes …
@hank- I didn't realize that your comment had been removed from that thread. I understood what you were saying, and in no way was it either incorrect or offensive.
Anyone of reasonable probity would find it obvious that it would be impossible to give specific dates for David's commentary on this subject over the space of many years. If you want to suggest, in yet another of your flimsy attempts at misdirection…
@Maurice: Show me in her exact language where she "wants to be your new mutual fund manager". Talk about "reading between the lines"! I suggest that it's a false assumption that "integrity" is even identifiable in most of your postings.
David Snowball, the site administrator, has in fact commented or responded to questions from time to time over the years on this topic. Any long-standing member, especially those who go back to FundAlarm days, is (or should be) well aware of the gen…
