NukeWorker Forum
Career Path => Money Matters => Topic started by: indoprime on Nov 09, 2005, 04:16
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I was wondering, could Nukeworker start their own 401K plan? For the cases that some companies may not offer one. Or if not a full-blown 401K, maybe a family of funds that we could invest in?
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Since Nukeworker isn't a company in which we are employed I doubt they can start a 401K.
Why not just go to Fidelity and invest?
Mike
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indoprime, whacha wanting to due? get a nuke investment group together to invest only in nuke friendly companies? leave out the greenppeacers, 'n tree huggers. i gotcher slogan - 'we gots cash for u ash!' well, i thought that sounded better'n 'you got pu ash? we got your cash!' but maybe knot. anywaze, i kin dig it. let me know what you find.
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"we got you by the bulbs" could be a slogan for power company investors???
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I like ur idea SloGlo. Find some companies that are nuke friendly and invest in them. I'm already doing the Fidelity thing, but i'd like to diversify more.
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I was wondering, could Nukeworker start their own 401K plan? For the cases that some companies may not offer one. Or if not a full-blown 401K, maybe a family of funds that we could invest in?
Your idea of being concerned about retirement is good, but using an employers 401K offering should only be a part of it. I started with a IRA during my "Rent-a-Tech" years and am taking advance of my current employers 401K. However I have also invested in individual stock in companies that have DRIPs. A few tangible assets should also be included - invest in what you know and not what a broker with a conflict of interest tries to tell you. As for Social Security, I don't even factor it in as it probably will not be a significant contribution to my retirement income.
Soon I hope to be at the K.M.A.M.F. setpoint. :P