60 Minutes segment entitled, “401K Fallout” during the great recession. But 95% of people are still blindly trusting in their 401K and will ride the rollercoaster of the markets and a next downturn/crash. 5% won’t because they are active in dynamically managing their 401K.
A video of Mad Money’s Jim Cramer talking about his role as a Hedge Fund Manager and manipulating the market. Unbelievable! Apparently they thought better of releasing it after recording it, no surprise, but it got released by a disgruntled employee! 95% of people get caught in the cross-fire of market traps created by manipulation. Because they go with the flow and don’t understand the rules of the game. 5% don’t go with the flow, by knowing how to trade and invest like the professionals to avoid manipulation and market traps.
John Oliver offers an even more hilarious treatment on retirement plans (warning – beware bad language)