|
| I'd
re-consult
the
current
state
of
it...
|
|
 |
|
 |
For most of the 21st century, all kinds of stock market funds that have been promising returns of around 10% have done extremely badly, including pension funds and mortgages. Everybody I know who had put money into pension funds like that, have seen that the amount of money who was in there eventually was in fact MUCH less than what they'd put in. Now, with the long-term commitment and the penalties it makes no sense to withdraw the money of course, so the sensible thing is to leave it there and hope that in time, it will at least "recover" the losses. However, it doesn't really make sense to keep dumping all of your money into it.
If this is the case with your account as well, you may consider putting a part of the money you set away for your pension on a risk-free account which will yield much lower (probably only about enough to keep up with inflation) but will guarantee that at least as much as you put into it, will come out of it. Large, collective pension funds from government and other non-profit over here usually deploy just that strategy - part of the money goes into a high-risk fund, part of the money goes into a mid-risk fund, and part of the money goes into a very low-risk fund. The money that goes into high-risk will (hopefully) generate high returns, the (larger) rest of the money serves as a guarantee that they will in fact, even if the market goes into deep recession, be able to meet certain base demands.
|
 |
|
 |
|
|
|
|
|
|
(VISITOR) AUTHOR'S NAME
Selma
MESSAGE TIMESTAMP
24 december 2009, 22:34:21
AUTHOR'S IP LOGGED
78.53.66.216
|
|
|
|
