From: Jeff Shultz 

On Sat, 05 Feb 2005 07:40:29 -0500, Robert Comer wrote:

>> Yep. And I'd rather be putting 18.3% of my income into it instead of the
>> 14.3% that I am now.
>
> Not me, because I'm quite a  bit older than you for one, and for the other
> the risk is to high. (don't put all your eggs in one basket as it were...)
>

That 401k is split between one high risk and 3 medium risk mutal funds. The
high risk is the Baron Growth (BGRFX, I think...) which has an excellent
history.

>> I think 4% was a figure bandied about, wasn't it? Either way... I'd like
>> to stick that extra money in my 401k - or something likely to perform
>> like my 401k - than in the gov't sponsored Ponzi scheme.
>
> Even if it screws older folk?
>
They don't need my help - they've done quite a bit of it themselves. For
instance, about the time I was born, a guy by the name of Lyndon Johnson
pulled the Social Security trust fund into the general budget... and left
nothing but IOU's behind.

And the soon/now "older folk" didn't seem to do much about it at the time.

And now it's institutionalized...

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