Re:Apple and Google embody two alternative models of capitalism
by alasdair_ on Tuesday July 11, 2017 @06:05PM
(#14748490)
>How many of those 401ks and IRAs were wiped out and the "owner" left with nothing after Madoff, housing bubble, etc.
I assume almost none of them.
People with most of their wealth in a 401k probably didn't have a lot of money in Madoff's hedge fund and the housing bubble also likely didn't wipe out retirement funds for the people that just left their retirement alone.
I assume almost none of them.
People with most of their wealth in a 401k probably didn't have a lot of money in Madoff's hedge fund and the housing bubble also likely didn't wipe out retirement funds for the people that just left their retirement alone.