21–22 of 22 posts
This article holds true for any year.
Perhaps this appeals to the libertarian tendencies of many of us. I personally learned nothing new from this piece, and the factual inaccuracies in it make for a weaker case.
Earlier quoted context omitted.
Until late in 2012, I came out ahead far more by paying down my graduate student loan debt than I did by contributing to my 401(k). However, that is because my graduate student loans are statutorily fixed at 6.5% or higher, whereas market returns have been close to zero or negative.
Market returns have been volatile . S&P 500 for the past few years [1]: 2012 16.00% 2011 2.05% 2010 15.06% 2009 26.46% 2008 −37.00% 2007 5.49% 2006 15.79% [1] http://en.wikipedia.org/wiki/S%26P_500#Total_annual_returns_...