Pension or 401K

Hellsangel wrote:Your Holiness who knows it all, you should know the answer to this.

Marathadi-Saamiyaar wrote:

Which is better - in the wake of Detroit bankruptcy (If you did not know the firemen and policemen and others lost their pensions that they paid into).

With many pension plans near bankruptcy -is Pension (the one that pays your entire life after 20/25 yrs of service) still worth it?

southindian wrote:Sorry Max. Can't disclose much. The period is span of years since I started investing after I got the lump sum. 45% is the average in all the years. The maximum return was 80% in one year. The minimum was 26%. All I can say is, I make risky but informed investments and identify blood on the street in regards to a stock and/or fund family.

harharmahadev wrote:

southindian wrote:Sorry Max. Can't disclose much. The period is span of years since I started investing after I got the lump sum. 45% is the average in all the years. The maximum return was 80% in one year. The minimum was 26%. All I can say is, I make risky but informed investments and identify blood on the street in regards to a stock and/or fund family.

Bullshit!

Even I have not been able to make 45% ave over several years. 

The only possibility is that you received your pension in 2009 and through a stroke of luck, you got into the market at just the right time. But I highly doubt that.

MaxEntropy_Man wrote:i am not asking you to disclose what securities you have in your portfolio or even what kind of securities they are. i am also not asking you how long you typically hold them. it's a simple question really and you won't be giving anything away by answering a simple question - over what period is your 45% returns averaged. you don't even have to disclose the beginning or the end date of the period. i am looking for an answer like 6 months, 2 years, 5 years, or 10 years.

southindian wrote:

MaxEntropy_Man wrote:i am not asking you to disclose what securities you have in your portfolio or even what kind of securities they are. i am also not asking you how long you typically hold them. it's a simple question really and you won't be giving anything away by answering a simple question - over what period is your 45% returns averaged. you don't even have to disclose the beginning or the end date of the period. i am looking for an answer like 6 months, 2 years, 5 years, or 10 years.

Sorry, I can't give a timeline but can say that investments began in the large part of last decade. I use all kinds of Financial Instruments, some are risky but give high returns.

Gurus like Har har, MD, Propa can tell you more on how to invest. If you follow smaller gurus like Buffett or Pabrai, their investments return 20% to 26% for investors each year, but there are Hedge Funds, that have the potential to give upto 3 digit returns for HNW clients. There are quite a few of those around New York, Connecticut which just don't show a 45 degree Madoff return. Check them out. Google helps.

southindian wrote:Sorry Max. Can't disclose much. The period is span of years since I started investing after I got the lump sum. 45% is the average in all the years. The maximum return was 80% in one year. The minimum was 26%. All I can say is, I make risky but informed investments and identify blood on the street in regards to a stock and/or fund family.

Marathadi-Saamiyaar wrote:

Which is better - in the wake of Detroit bankruptcy (If you did not know the firemen and policemen and others lost their pensions that they paid into).
I was very surprised getting that free money and felt no risk in investing that money in the market. :)I'm making risky though informed Fund/Share investments with over 45%+ average returns each year for some years now. I'd suggest to invest yourself only if you know how to manage, else leave it to professionals.