Risk Free System

5324 asked:


Aparently, there are some choices to make as to the risk level desired on investments.
Is it necesary to consult a personal accountant or can I let the financial advisor who serves my company handle everything.

Thanks for your help. I am not sure how 401 K investment work.

Brandon

toast asked:


Are there any additional risks involved with having a 401k and an IRA serviced by the same financial institution?

It would seem to be more convenient to have them at the same place, but it could also mean more of your investments are at risk if the company goes under.

Kiera

Q.T.π Reuben asked:


We will be voting whether or not to allow slots at race tracks. Those opposed bring up addiction or religious reasons. What is the difference between gambling and investing in stocks? You risk your money for a possible profit. I’m forced to participate in a 401K because my employers(God rot them!) froze pensions. I lost hundreds of dollars with “low risk” investments. Others lost tens of thousands. If gambling with your retirement isn’t immoral, I don’t see why having some fun with my own money and losing it is. I could go see a bad movie, or eat at a bad restaurant, but nobody cares. If I buy state lottery tickets or go to church bingo games, it is OK. If I put my money in a slot and pull the handle I am EVIL! WHY? I don’t gamble much because I’m risk adverse, but I would like to know the difference between “good” gambling and “bad” gambling.
Statistics show only about 2% of gamblers become addicted. Compare this to the percentage of smokers who become addicted. If you don’t have 50 years to regain losses, investing is as devistating as gambling. Ask anybody who lost it all in the Enron debacle.

Brianna

curious asked:


My 401K has performed well below par the last two years… My good friend has over $200K invested in a hedgefund called U.S. West, LLC, that has returned over 60% to their investors over the last 36 months. Do you know of any investment that has returned at least 60% to investors, other than U.S. West, LLC, over the last 36 months??? Thanks in advance of your reply.

Sincerely,

Victor Roman

Ross

Carmel18 asked:


I’m a single mom and as you know we all will be coming into some money from the IRS. And me I’ll be recieving a little extra from taxes. I would like to invest some money into something that’s going grow in about 6 or 8 years. But I don’t have a clue as to how to do that. I don’t want to get scamed or anything. I just want to do maybe a $500 or a $1000. But I don’t and can’t afford to do a big risk investment. Are CDs good to invest in and what type of stock would be good for me. If what I’m putting down is a enough. I would like to able to cash out at the end of the 6 or 8 years. I have 401k at work and my job does match what I put in. I can also buy into thier stock, but I just don’t understand what Im doing or how to do it. I know I can take money out of my 401k, but I don’t want to pay the penlities. So I want to invest in something that’s going earn me more money, without the high cost of taking it out. Can someone point me in the right direction and explain to me what’s what.

Adriana

Michael G asked:


A lot of people (mostly younger) invested in high-risk stock options for their 401K or IRAs. But how risky can something be if - when they are at risk - the government steps in and saves it?
src50 - Sept. 11 wasn’t primarily about the structural integrity of the buildings, but that didn’t stop me or anyone else from questioning it. But I’ll take your answer to mean “No, high-risk stock options will be unchanged when the dust settles around the current financial crisis.” If thats incorrect let me know

Felix