Lisa-in-NY

Lisa-in-NY

Joined Member # 3329687
0 Posts 0 Replies 18 Reputation

While I'm sorry for people whose IRA's and 401k's took a beating recently, I have to say we all need to be more involved in what our fund managers do with our money. In the early 90's I began to hear a new word around Wall Street: "Guestimate." While working for Merrill Lynch's phone company at the WTC we were able follow the markets and control our 401k investments daily. Merrill "downsized" by selling our department and the new management modified our

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