"There is nothing so disastrous as a rational investment policy in an irrational world."

John Maynard Keynes

"Is there a choice in the 401 that I can put my money in and not have to pay attention to it?

Local 342 'fitter

If prices are stable in the short, intermediate and very long term, if society and the economy remain essentially unchanged during your lifetime, if no new technology is ever introduced, if resource availablity and scarcity remains unchanged over centuries, then the whole pension investing thing gets a lot easier. There might be one or more "choose this and look at it again when you decide to retire" choice. But that ain't the world I live in and I suspect it might not be the world you live in either. That leaves us in this world where there is the possibility of major mistakes with catastrophic consequences occurring if we make a bad decision(s) let them run for extended time and and don't bother to fix it (them).

Me

Chartses and table Zup

Prolly some major stuff appearing here by the end of the week end. Bloody week in the stock market, political and economic uncertainty, and the imperative to deal wid' it. Seeya here.

Stay tooned...Meanwhile;

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