Quote:
Originally Posted by GregWeld
My favorite saying --- Better lucky, than smart.
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Our small company had a Defined Benefit Pension Plan for the 3 of us back in the late 90s. We were very aggressive in the early years with the contributions and investments in it and had done VERY well...so well in fact that our actuary that took care of the plan explained to us that if we earned ANY more money in the plan, the Government would take the extra in taxes. So we sold everything and put 100% in treasuries. The Dot com bust happened about 3 months later.
The distribution from that Plan after it's 10 year life was the seed money for my current retirement plan. #Lucky
Brian Hobaugh SCCA National Tour June 2014
First Hemi 'Cuda Convertible Ever Built
Short clips: Goodguys Pleasanton autocross and pit videos
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