Tuesday, September 01, 2009

For you "cube slaves"

CALL YOUR 401Ks cASStodians.
TELL them in clear Chinese "Smoke U" and TELL them to give you an option to put your hard earned money (what’s left of it anyways)
in most 401Ks there is not even an option to have Money Market or CASH option
So called  "Principal preservation" funds are just "baskets of safest investments" AKA Treasuries, muni bonds etc - when the time will come - they WILL CRASH AS FAST AS EQUITIES.

Read fine print – these are NOT cash equivalents and are not insured by FDIC or SIPC.
Get off your paycheck players’ asses - DO SOMETHING for YOURSELVES!

Disclosure: net short US equities