Ever wonder what the Chairman of the Federal Reserve invests in. The website Financial Market Center has a bountiful supply of information on the Federal Reserve and its officers. On each of the officer's pages it has their annual financial disclosure. Check out Fed Chair Ben Bernanke's. Isn't funny that the majority of his assets are in annuities. Maybe they are not as bad as Suzy Orman says they are.
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Why not the 401K because they are Government Controlled and that is not where you should be recommendng anyone to put there money. All your doing is saving a large portion of your retirment for the IRS/Government. They will be banking on 401K's in the next 20 to 30 Years.
Posted by: John Lucchino | January 27, 2010 at 09:26 PM
By the way, you are so right about the Bernanke's financial Disclosures. I had access to those numbers for the last 2 years. I have been using them in my Financial workshops. Thank you for the info!
Friend from Colorado
John Lucchino
Posted by: John Lucchino | January 27, 2010 at 09:29 PM
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