Reality Radio for a really great future.

We're talking real money.

This is Tomcock.

Yeah, I know you are in love with your wife or your significant other.

You may be in love with your football team.

But really, do you have to love your company so much the

company you work for that you put your you know your current income and your retirement and

everything and lump it all into one place what in the world am i talking about i'm talking about

you owning company stock especially in your 401k.

And why am I raising this?

Well, because another study is out showing that despite Enron, despite WorldCom,

despite Washington Mutual, you continue to believe in the firm you work for,

and you're piling untold amount of your retirement

into one single stock. Why? Because you trust it. You work there. You know the guy in the

cubicle next to you, or woman, pardon me. You know the CEO who is extremely smart, good looking,

never do anything wrong your company is run

conservatively that's my favorite one and you come in our office on a regular basis and say yeah i know

i listen to you guys all the time and i know about the company stock thing but my company's different

this is really a great firm and the numbers are astounding to me.

GE, a third of the 401k plan in GE stock, which, by the way, recently dropped 60% in one year.

A company called SCANA, 60% of the assets in company stock.

By the way, that stock fell 50% in one year. Pachar, local

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