Delete comment from: Captain Capitalism
Loved the Scott Adams piece - there's a lot of truth in it.
Going to a large bank for investment advice??? I've never seen a bank that did a good job managing other people's investments. And most large banks have their own funds which they sell you, rather than outside funds that are better.
As for my 401K, I'm much like Nick. Mine are currently in a variety of index funds, including some international exposure.
My personal investment portfolio is a mix for three different mutual funds plus a portfolio of about 10 stocks across multiple sectors - essentially a small mutual fund of my own design.
But I think I do need to start stockpiling survival necessities and learn survialist skills for WTSHTF (when the s*** hits the fan) resulting in TEOWAKI (the end of the world as we know it) - just in case of total economic collapse.
Jun 17, 2010, 7:24:22 AM