Lyle's Blog

I’ll make this short and sweet. IRA and 401K accounts are a scam. All you can invest your money in are worthless, low performance mutual funds. Most have two percent or more fees which leaves you with scraps. You “make” money, you pay. You lose money, you pay. And there is some talk these days about confiscating all that wealth to supply the government money so they can extend the shell game. There are better ways, like real estate, to fund your retirement. Don’t get caught up in the government designed scam. When your old you’ll regret it.