You are Big oil

[dragonrider]

And how is this the governments fault. The government is not responsible for the free market, the free market takes care of itself.

I did not say it was the government's fault.

If you are losing money then ultimately this is your own fault. I manage my own stocks and have not lost any money since 2002.

2002 was a market bottom. No one who invested in 2002 and stayed invested the entire period has lost money, unless they really screwed up. Whenever I hear someone say something like this I know that they are just blowing smoke. Anyone can pick a suitably distant market bottom and claim not to have lost money since then. How have you done since last October?

And you've sort've gone off topic, the only reason 401k's were mentioned were in relation to windfall profits tax.

I was responding to your statement that, "It sounds like you don't know how to manage your mutual fund. Yes you have someone to do that for you but you know what.. if you're losing money multiple years in a row then it's time to change funds or find a new person to manage your mutual fund." If that is off topic, then it went off toipic way before I got here. My point was that given the right timeframes, no one beats the market, certainly not the average investor with $20k in the market and not a lot of inclination or aptitude to actively manage it.

dragonrider Reviewed by dragonrider on 08-26-2008. You are Big oil This is great Nobama wants a WINDFALL profit tax on big oil give you a 1000 bucks...... I could use it Ill tell ya, BUT Ask your MOM and DAD, look at you prospectus, statement, whatever...... Rating: 5