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No. of Recommendations: 1
CentexHorn writes:

A "rollover IRA" is simply a traditional IRA that you "roll" your 401(k) into.

Hmm, most of the on-line brokerages have options for a "Rollover" IRA and "Traditional" IRA when going to open an account. Maybe they are really the same thing and that is just to clarify (or confuse :)) the issue for customers?

You must pick the asset allocation YOU are comfortable with in your retirement plans.

I'm pretty confident in how I want to invest my money. Been doing that for a bunch of years now. I'm sure some would say I'm too agreessive, others would say I don't take advantage of all my options, but I do what fits my knowledge, experience, available time, interests and willingness to take risks - it is my money last time I checked! :)

As far as Microsoft going "Enron", I don't think that will happen. But the Feds could someday manage to make something stick that might affect the value.

Actually I think the biggest risk for MSFT holders is the difficulty the company is having in generating real earnings growth. Of course that discussion belongs on the MSFT board, not here.

In any case the stock is no longer on my list of stocks I will blindly hold, which is what motivates me wanting to get the money out of the 401k account and into an IRA type account where I can move it into other investments when/if I think that is needed... I should have done that in Feb 2000 @ >$100/share - I thought about it, but decided not to... hindsight is always 20/20 (although I did sell all my other overvalued "dot-com/tech" type stocks in Feb 2000... no complaints about that decision!)

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