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Originally Posted by Rob Instigator

you have vague control. The investment house any business sets up the 401K congame with tells you what 3-6 different groups of investments you can enter into. 401K's do not allow for individual choice about individual stocks. It is about funds, and those are controlled by individuals who you have no contact with, and who could be as crooked as Madoff or any of his ilk.

lol i love being self-employed---- no paternalistic entity controls my money

but if you study up a bit, you can figure out what funds are good for you.

also, i gotta tell you, the biggest fish in the investment pond aren't "maddoff" but INSTITUTIONAL INVESTORS-- basically, your representatives.

also you don't have to save just what the suckas say. you could open a roth IRA on your own or just buy gold and bury it in a pot in your backyard. really there are many ways to save. some people buy houses and rent them for profit-- there is a risk there as well (deadbeat tenants, etc). other people buy dividend stocks and build up an income stream. the choice is yours in the end.