What your 401K company doesn't want you to know !

THey r ripping you off big time each quarter. If you allocate your funds into a fund manage by them... "their own named funds" Ex : fidelity mid cap... Fidelity sp 500... Etc... They pump up the prices right before they buy millions of dollars worth "for you and other employees"

Figured it all out recently on my wifes acct. via Nuance... Amazingly every fund available is up but one, which she didn't own. All have an increase of 3% or better and most in the 12 -14% range, yet her return is 1.78% - minue the fund charges and she makes nothing. How can that be ?

Well, when they load the allocated fund shares to her acct. the price is miraculousy higher than avg. and it happens each quarter. Can you imagine how much money these fund companies are making on consumers, every quarter. Telling them that we are here for you to make money. Yet, they are not and pretend to be...

Only way to beat it is to have all your quarterly allocations go into the money market / savings / retirement whichs returns only 1% if your lucky. But, they cant really manipulate your allocation that way (as much)...
Then look for a big bad turn in the economy, move it into a good fund or funds, wait for the market to go up and move it back. But never allocate your quarterly loaded money to a fund "never"

Out of 100M people in 401K, how many do you think are smart enough to catch onto this ? 1% maybe ? YOu can figure it out, but not on the site your given. THat site is there to confuse you.

Make it look like they r showing you everything and offer you so much info you dont really need... Amazing how this is allowed to happen...

Wow. Thanks for the heads up.  Sounds like they price in a little cream for themselves.

And most people in a position to bring hustles like this into the light look the other way.

Their also manipulating the stocks when they need too, up or down...When the market starts heading down, they just short the shares and help drive it down.

And like so many of them when you look at the perspectus, it shows all Good %... If it is good on 4 years, they show it, bad on 5 years, they dont. As in the case of the 2008 meltdown .. They just cancelled all the names and tickers, created new ones and start over. Thus many of them right now look fantastic on a 5 year return... Had the old ones been left on there you would see a 40% decline in one year, they would never post that...

Big huge scam... THere are a couple of great documentaries on it...

The retirement Gamble by "frontline" on PBS

The guys that sets the economic policy are either X investment firm CEO type, or recently they picked the Head of the economic department at HARVARD.. THat makes people think... Great.. A professor making 150K a year will keep things straight.. Notta... He got put on the board of several investment banks, and other companies and now makes almost 5 Million a year...

One thing we can all do here, is learn and watch... You know for sure this money grab by the rich is a twist and ploy to work over the millions of hard working Americans... Ok, no problem and we can't do anything to stop it, maybe 25 years from now the kids will. THis, for us, is to reap benefits on it too... You know for a fact that another HUGE recession will hit... My guess is 7 years, maybe 9... While the Economy is great, you buy up Gold, slowly...becuase oyu dont want to miss the bottom, but you dont want to buy too high. I am getting ready to start... 1150 or so isnt bad. Off of the 700.00 in 2007 it went to 1800.00. I figure off of the 1200.00 it will go to 3K

And keep buying medical... IBB, etc... People are all going to live so long... It has to go up and they predict it will be 30% of GDP in 2025

I am a bit skeptical on the Gold buy as of right now....a ton of manipulation in that market from the institutional money. 

It seems like the doomsday guys predicting a road warrior scenario as a product of the pending "economic meltdown" have been screaming to buy gold for years; I think that their timing has been way off.

Gold has to go under 1k and preferably threaten 800$ for me to get revved up and go long in a big way.  But, 1100 has been a big level, and a jumping off point for most Gold bulls, so at least for the next year or two, we may see 1000$ protected mightily.

2016 election is a key time IMO....I look for a serious run at 20k for the Dow, a dump under 1000 for Gold as being probable at this point, and the 2016 election is more than likely the crescendo for all of this.....the presidency should turn over to the republicans (according to history), but a democratic win will bring market pessimism and more than likely the selling of equities on a large scale will begin.

Who knows....just a sit and wait, and see which scenario plays out.

What you wrote is what I would expect to hear from a rep.

Your last paragraph would in no way prove anything into how they manipulate the purchase dates and price of the allocations per quarter. What would a morningstar price on each fund have to do with the mainpulated price and purchase date...? Nothing....

As far as the fees go, I get that too... But again, just another way to make something simple look confusing. It has all been laid out on TV and I am surprised the mutual fund companies didn't pay off FRONTLINE to NOT show it...

THe Fund managing companies have made 6Trillion in the past 25 years and the PEOPLE owning the 401K have made little or lost money. It is a BIG huge Coorupt business. I get trying to protect your identity...

I agree, but will trickle in... Your right, but the doomsday thing has past. Many made a load on it, and just want to keep it going. It is way down off of the high.

I would rather trickle in now and keep buying down, knowing it will be up someday. What isn't going to change is that the rich are manipulating the 401Ks, the stock market in hole, and all the policies...

As the guy wrote above, that is exactly what would would see in print from every 401K rep. Probably the COPY and paste when someone asks about the fees... THe second part is for someone stupid to go and look and say;;;; Oh, OK, morningstar shows the same % up for the quarter. It must be OK !

He knows exactly what I am stating when I write : It is about the allocation purchase dates and price. THey can move any stock in and out of any fund at anytime to manipulate the PPS of each fund. Thus, if they are going to buy ING mid-cap on Jan. 3rd of 2015 they can put in any "UP" stock to increase the price days before. If they control California, Ohio, New York retirement funds, plus 50million other peoples money, they can put the money from their accts. into that fund on a purchase increased by 10%. 10% on 500million in cash is a cool 50m gain for them....

All legal and people are not catching on to it... They always have a comeback....  DO you think they would sign a paper stating they would act as a fiduciary and actually look out for their customers, hell no !

This is exactly why they get such big bonuses and lose nothing when it goes down... Huge LEGAL SCAM and to call them out on it you are considered a conspircy nut... 

I can only control ours and make sure it doesnt happen. In fact, this was a one time thing as I had to show her because she didn't believe it was happening. It only took 2 quarters to prove it.

That is why we have made money over the years, even when things were bad in 07 -09... We were buying realestate why others were losing. No one ever wants to share the truth, only what helps them take from others... really sucks..

Pipe-

I will admit that I don't know much about the 401k action...BUT my better half does have one, and this is something that I am going to have to look into before there is too much glimmer in play.

The Frontline episode looks like a good place to start. Thanks for getting my wheels turning on this one.

Best advise is to stick with index fund(s)  in your 401k , and compare it to the relative benchmark in Morningstar if you think there are shenanigans.  I have done this before,  and find that the index fund performance in the 401k is within a few tenths of a percent from what you'd find from the Morningstar performance value. 

Yes, good advise and that is where I moved hers too... The only one offered and the Frontline video says the same thing. Wait to you see who the guy is giving the advise. The only man left to tell the TRUTH of the entire industry. Once he dies, that is it...

All of the managers are made to tell you, invest here and there showing you huge % returns. That was also part of what we found in her list, dates and returns that were HUGE listed. But all had new tickers and start dates of 2009... What happened to the fidelity funds of OLD... What would be the rate of return from 2005 - now... A big loss, so the manip. it...

This business and the pharma business are the next big bubbles as they reap of saleman, manipulation, etc. Just open up time magazine and you will see. CCounted 34 pages of Pharma adds last night for various drugs, all to make you feel a little better. THey just have the doctors take kickbacks and prescribe the hell out of it.

Want to wake up a little quicker, take this, stomach hurt, take that, can't concentrate ? A little of this and a tad of that.. .LOL... All of them seem to sneak through on trials and they advertise it until they get the sales they want... This is why I invest in these companies, they know how to make money.

JAZZ Phamas biggest product is GHB - the date rape drug - dosing twice a night via needle to sleep better, cost ? About 300K a year and our insurance companies pay for this 25K folks in the USA... So 25K people keep this companies monies going...