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Reply #17: I'm sorry but that is just plain daft...especially if the company matches your contribution... [View All]

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Home » Discuss » General Discussion Donate to DU
truebrit71 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-16-11 01:49 PM
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17. I'm sorry but that is just plain daft...especially if the company matches your contribution...
...even if you just leave it in cash you are lowering your tax burden (admittedly not by much, but hey, every little bit helps) and essentially doubling your money when the company matches yours...

You don't have to put it into any investment vehicle, or try and figure out which mutual fund to buy, just leave it as cash if you want, but shit, at least take the company's FREE money...

The banksters only get to "play with your money" if you invest it...

I strongly suggest you give this some more thought...
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