Posted by John B. on June 11, 2009 at 19:23:54 from (38.114.64.144):
In Reply to: UNIONS ???? posted by MTC on June 11, 2009 at 17:57:02:
Sometimes I feel the way you do about unions. But with out them many of us would not have any pension that will come in when we retire.
The 401K plans are ok but don't expect to be able to get your money from them when you need it.
This is happening to many people at this very moment. I'm not retired yet but my 401K that I rolled over several years ago was worth $38K and now it's worth $8K. Yes I own just as many shares but the shares aren't worth any thing. So I consider the 401K plans to be pretty much worthless for what they were set up for. Reporters on TV even said if you're getting ready to retire in the next few months pull your money out of your 401K and put it in CD's.
I look at a 401K as a game you let others play, with your money. Would you keep putting money into a bank account if it didn't grow???? So why do it with a 401k plan?
My father in law use to brag about is GM stock. Now look at it!!
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
