Double Or Nothing (employee, percent, money)

[Rcm58]

I worked for a company years ago that had a profit sharing plan and it regularly payed 15-17 percent, 2 years before I parted the company was only paying out around 3% and I remember all the back room talk between employees. Anyway the question is, if your employer offered a double or nothing button on your profit sharing or 401K plan would you do it?

[AksarbeN]

Don’t ask me! I loss money no matter how secure the investment is. I even loss money when I allow my financial advisor put it into investments. I just lost $5K in less then 30 days last month in a very conservative investment of bonds. I’m having her cancel and close the account, I’ll put it into a mason jar and bury it instead of allowing criminals to steal it. This is an ongoing problem for me with investments. I should have been a CEO with corporations like Exxon $400 + Million retirement package, CEO of United Health Care $1.26 Billion (yes B not M) earning from the company. You can’t invest in anything that will pay these criminals that type of money without losing your own! And I can’t get my health care to pay a small claim. ~ go figure!