9/17    Okay, easy stuff first.  If you are invested in a "targeted retirement"
        fund (where it auto-allocates into stocks/bonds/money markets depending
        on your age), it is currently cornholing you in both eye sockets and
        will assfuck you for years to come.  As of this year, new employees are
        auto-enrolled into the 401(k), typically with 100% allocation to this
        type of fund.  This is a SCAM.  Also, I have NOT seen a single news
        article (and I read a lot) criticizing the safety of this type of fund.
        \_ What's your gripe? My only gripe with these types of funds is
           that they are too conservative. I want to be 80% equities now,
           10 years from now, and 10 years into retirement.
           \_ what KIND of equities and bonds are these funds buying ...
              \_ The same kind that other funds are buying. A lot of these
                  targeted funds are "funds of funds".
                 \_ so we're saying the equities ultimately bought should
                    perform at least as well as a DJI or S&P index? (minus fees
                    or if they're being run in a riskier fashion, some amount
                    above or below a DJI/S&P index?  by riskier, I mean you are
                    in a retire-in-30 years fund, so conventional wisdom is not
                    only can they allocate you to more stocks, but they can
                    allocate you into "growth stocks" and "emerging market")