Featured Jobs
|
Pension Investors Corporation
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Sentinel Group
|
|
Pattison Pension
|
|
Retirement Relationship Manager MAP Retirement
|
|
MAP Retirement
|
|
MAP Retirement
|
|
BPAS
|
|
DWC - The 401(k) Experts
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
3(16) Retirement Plan & Customer Liaison Compass
|
|
Regional Vice President, Sales MAP Retirement
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Wall Street Lays Egg With Its Nest Eggs: Retirement Lessons of Dumb Moves by 'Smart Money'
The Wall Street Journal; subscription may be required 
Sept. 29, 2008
Excerpt: In the past week, Merrill Lynch's Web site still displayed an article, 'Understanding Your Entire Portfolio,' full of sensible advice. If shares in your employer's stock are 'a significant portion of your investments,' it said, 'you'll want to consider the potential impact of a falling stock price on your portfolio.' Physician, heal thyself. At the end of 2006, Merrill employees had 27% of all their retirement money in Merrill shares. In 2007, Merrill employees lost $669.8 million on their holdings of Merrill, and so far this year, probably at least $400 million.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |