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**cepAceryTem** · 01-02-2007, 03:31 PM

I really am unsure as to what you think about being wealthy, but some people just want to live comfortably. Not everyone is money-hungry. Sure, that would be a sweet percentage, but I think that not all executive benefits are deserved. It's all about rank and title - not production. What do you think they should be paid and what about the mid-grade employees who also made that goal happen by providing their services?

Thank you for answering Iron. Everyone else is afraid. The questions was not about how wealthy one should be, or should want to be. 401(k)'s aren't going to make you wealthy. My point was that when it comes to your own investments, of course you want to make as much as you can. So why should it be any different for a corporation who has a responsibility to its investors and its employees. 10% for a mutual fund these days is only average. The answer should have been; "I'd look into higher yielding funds".

I agree not all executive benefits are deserved. Neither are all regular workers. I'm sure the mid-grade employees of Exxon benefited also with stock bonuses/options/offerings they probably receive in their benefits package. Complete speculation on my part but at the minimum, Exxon matches their 401(k) contributions.

01-02-2007, 03:31 PM	#15
cepAceryTem Join Date Oct 2005 Posts 517 Senior Member	I really am unsure as to what you think about being wealthy, but some people just want to live comfortably. Not everyone is money-hungry. Sure, that would be a sweet percentage, but I think that not all executive benefits are deserved. It's all about rank and title - not production. What do you think they should be paid and what about the mid-grade employees who also made that goal happen by providing their services? Thank you for answering Iron. Everyone else is afraid. The questions was not about how wealthy one should be, or should want to be. 401(k)'s aren't going to make you wealthy. My point was that when it comes to your own investments, of course you want to make as much as you can. So why should it be any different for a corporation who has a responsibility to its investors and its employees. 10% for a mutual fund these days is only average. The answer should have been; "I'd look into higher yielding funds". I agree not all executive benefits are deserved. Neither are all regular workers. I'm sure the mid-grade employees of Exxon benefited also with stock bonuses/options/offerings they probably receive in their benefits package. Complete speculation on my part but at the minimum, Exxon matches their 401(k) contributions.
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