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The New DU. Reply #8: looks good on paper, but there are fewer and fewer
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HereSince1628
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Thu Dec-29-05 05:31 PM
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| 8. looks good on paper, but there are fewer and fewer |
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jobs where a working class type has discretionary investable money. And then buying controling shares of your employers business is going to mean that the union folks have an awful lot of their eggs in a single basket.
Have you noticed how many failed companies have ruined retirement plans, and end up paying pennies on the dollar of worker benefits because the retirement plans weren't fully vested and diversified?
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