How Stock Investors Stole Your Retirement
Many people are forced to start multiple streams of income to support their funds, in many cases, because stock investors used clever schemes.

Mutual funds were moderately successful until the advent of the investment account and in particular the 401(k). Corporate insiders persuaded the federal government to allow for the 401(k) in lieu of offering employees the traditional pension.

When this happened the employees lost the protection of a specialized financial manager who could manage. The 401(k) FORCES individuals into mutual funds that are notorious for defrauding the public of its savings.

Ironically, the company has corporate attorneys who do nothing but invent new ways for corporate insiders to suck money out of the firm in the form of perquisites, stock options, and golden parachutes.

Why is this so tough on the employee? The 401(k) plans do not offer individual stocks only mutual funds. What a scam! Corporate executives have forced you to place your dollars with their cronies in the securities industry who manage the investment pools.

Does that mean the 401(k) is a bad deal? That depends. If your employer matches a percentage of your wages it may be a fair deal but you should only contribute only up to the matching limit. After contributing the maximum matching put the rest in a Roth IRA.

How WillYou Retire?

Most workers learn early on in the game that this type of pension will not offer them the expected returns. Many people are learning that they will not be able to live comfortably on their pensions. This forces them to take matters into their own hands.

There are three ways to build wealth without quitting your job. Invest in property, invest in stocks, and build a passive income stream. While these may be daunting for the average worker, who expected their company to take care of them, they are not really all that difficult to get into.

Passive

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