Intel will lay off 20'000 employees

Re:Intel will lay off 20'000 employees by anotherman554 on Wednesday October 12, 2022 @06:48PM (#33184756)

In the US usually the employee usually has a choice of several funds in their 401 (k) retirement account, including international funds.

It seems the person upthread owns a target date fund and this means they probably are diversified. Their post doesn't make a lick of sense.

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Re:Intel will lay off 20'000 employees by JamesianP on Thursday October 13, 2022 @02:29PM (#33194672)

If this is referring to me, then perhaps you're confused because I was responding to a question about rewards and punishments not whether labels fit. And I never claimed the the question and my response were somehow opposite ends of a dichotomy. Indeed the connection there is the problem. A fund can be completely diverse and still high-risk.

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Re:Intel will lay off 20'000 employees by anotherman554 on Thursday October 13, 2022 @03:05PM (#33195103)

I was not referring to you. I was referring to the person who wrote this over the top, inaccurate comment:

"When S&P 500 companies fail, your retirement savings become worthless. (Apple is really the one you want to watch out for, though!)"

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