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Originally Posted by King_Chief_Fan
in the last 10 days -100k. Too much incompany stock that has dropped for no apparent reason. company continues to beat last year numbers and exceeds expectatins of market. That plus the normal market losses.
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You are violating the #1 rule of 401k.
NEVER, NEVER, NEVER, NEVER, buy company stock in your 401k. You company goes tits up, and so does your 401k. Just ask the folks who worked for MCI.
DT