There’s the usual reason people say to save in tax-deferred retirement plans, then there’s this, much sexier, reason.
Education
With the advent of the 401k plan, we added two more gears, changing our savings vehicle from a ’72 Pinto to a ’68 Mustang.
While savings is the critical issue, there are those few employees who have these time and resources to study investing. This is for them.
Why do so many common sense notions fail to work in the investment world?
It’s a sad world where “safety first” has the opposite effect.
You don’t have to part the Red Sea or ascend Mount Sinai to find these goodies!
