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Re: SMU to cut $35mm through layoffs etc
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Posted:
Tue Aug 25, 2015 9:00 am
by PonySnob
Supposedly the final round of layoffs was announced yesterday.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Tue Aug 25, 2015 10:54 am
by DanFreibergerForHeisman
PonySnob wrote:Supposedly the final round of layoffs was announced yesterday.
Nice timing!
Re: SMU to cut $35mm through layoffs etc
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Posted:
Tue Aug 25, 2015 11:58 am
by whitwiki
Lol you're fired and your 401k is about to be worthless
Re: SMU to cut $35mm through layoffs etc
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Posted:
Tue Aug 25, 2015 12:03 pm
by couch 'em
401k is a scam
Re: SMU to cut $35mm through layoffs etc
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Posted:
Tue Aug 25, 2015 12:12 pm
by mrydel
Yeah. I tell mine I hate it every day. But soon it will be taking care of me.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 1:41 pm
by smusportspage
couch 'em wrote:401k is a scam
Uhhh, not so much.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 1:45 pm
by couch 'em
smusportspage wrote:couch 'em wrote:401k is a scam
Uhhh, not so much.
yes. It is like condoms. Everyone talks a big game but nobody can actually follow through enough to fully protect you.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 2:29 pm
by gostangs
If you don't fully fund your 401 you are a knucklehead.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 2:32 pm
by mrydel
couch 'em wrote:smusportspage wrote:couch 'em wrote:401k is a scam
Uhhh, not so much.
yes. It is like condoms. Everyone talks a big game but nobody can actually follow through enough to fully protect you.
If the condom breaks it is the condoms fault. If you do not follow through on a 401k it is the contributors fault.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 4:38 pm
by whitwiki
Yeah not sure I'm following why 401k is bad. Especially if your employer matches...
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 5:47 pm
by smupony94
Talking to my 26 year old cousin is fruitless. His employer matches up to 8% and he doesn't understand why he should contribute
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 5:52 pm
by Mestengo
gostangs wrote:If you don't fully fund your 401 you are a knucklehead.
Where else can you make 100% on your money and do jack s***
Anyone that doesn't jump on that deserves it but I think companies know people are stupid
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 6:36 pm
by mrydel
smupony94 wrote:Talking to my 26 year old cousin is fruitless. His employer matches up to 8% and he doesn't understand why he should contribute
If I had done it right at 26 I would have retired at 50. Timing it out now to retire next year.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Wed Aug 26, 2015 6:45 pm
by couch 'em
mrydel wrote:couch 'em wrote:smusportspage wrote:[quote="couch 'em"]401k is a scam
Uhhh, not so much.
yes. It is like condoms. Everyone talks a big game but nobody can actually follow through enough to fully protect you.
If the condom breaks it is the condoms fault. If you do not follow through on a 401k it is the contributors fault.[/quote]
Being facetious. Although I know several who really run around saying that despite cush matching.
Re: SMU to cut $35mm through layoffs etc
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Posted:
Thu Aug 27, 2015 12:09 am
by SoCal_Pony
couch 'em wrote:401k is a scam
Sadly, in this particular case, Couch'em is wrong