The Cellar - View Single Post - We haven't talked about goals in a long time

lookout123 · 04-21-2008, 12:35 PM

Uh, yep. the only thing better/worse than that was the local business owner who owned ever franchise location of a very popular company that turned out to be a flash in the pan. He encouraged every single one of his employees to invest in the 401K plan. Then when business started going south, he disappeared. Oh yeah, he had never actually sent any of their money to the 401k administrator.

Seriously, I'm thinking if I didn't get a statement periodically I'd ask questions.

04-21-2008, 12:35 PM	#50
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	Uh, yep. the only thing better/worse than that was the local business owner who owned ever franchise location of a very popular company that turned out to be a flash in the pan. He encouraged every single one of his employees to invest in the 401K plan. Then when business started going south, he disappeared. Oh yeah, he had never actually sent any of their money to the 401k administrator. Seriously, I'm thinking if I didn't get a statement periodically I'd ask questions. __________________ Getting knocked down is no sin, it's not getting back up that's the sin