tag:blogger.com,1999:blog-2807403883562053852.post8705016450952213319..comments2024-03-27T08:40:31.785-06:00Comments on Clayton Cramer.: Today's Annoying Discovery About 401k PlansClayton Cramerhttp://www.blogger.com/profile/03258083387204776812noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2807403883562053852.post-60071362509030031642013-09-21T15:15:30.891-06:002013-09-21T15:15:30.891-06:00I wish my 401K had exchange-traded funds among the...I wish my 401K had exchange-traded funds among the choices. A year or so from now I'd put it in Direxion Daily Financial Bear 3X Shares (symbol: FAZ). Mimics 300% of the inverse of the performance of the Russell 1000® Financial Services Index. The Fed bubble is gonna burst, and I'd like to have a real choice to protect it.<br /><br />I'm a big fan of <a href="http://www.moneymatters.net/" rel="nofollow">Ken Moraif</a>, a huge proponent of the buy-hold-sell strategy. (It's galling how so much conventional wisdom is invested in buy-and-hold. That line of thinking makes a portfolio a ship without life boats.)AlanKHhttps://www.blogger.com/profile/00415873942467466303noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-50021616184710614592013-09-21T00:57:49.754-06:002013-09-21T00:57:49.754-06:00You might also be able to roll over the 401K into ...You might also be able to roll over the 401K into an IRA and be subject to different restrictions.Mauserhttps://www.blogger.com/profile/11732614352398473302noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-61353401246443681992013-09-20T22:02:28.134-06:002013-09-20T22:02:28.134-06:00Yep - IRA's are a tax trap - you can get bitte...Yep - IRA's are a tax trap - you can get bitten.<br /><br />They seem to be predicated on the idea that you'll have less income when retired. Bad idea.StormCchaserhttps://www.blogger.com/profile/02998174514362089471noreply@blogger.comtag:blogger.com,1999:blog-2807403883562053852.post-67443981638219516612013-09-20T15:33:44.702-06:002013-09-20T15:33:44.702-06:00There is (used to be?) a dodge for IRAs which migh...There is (used to be?) a dodge for IRAs which might also apply to 401(k)s - you put the money into a life insurance policy, then borrow from the policy, without repaying it. This is definitely in the "talk to a good tax adviser" territory, but apparently what gets taxed is only the life insurance payout when you die.Anthonyhttps://www.blogger.com/profile/12389602137217799305noreply@blogger.com