Thursday, November 20
What a shit mail day. Some useless catalogs and a letter from Putnam Investments. I expected it to be a "we're sorry and we've fired all the bad guys so please don't take your money away" kind of thing, but instead it was a notice that they're implementing a new fee for users who trade too much. If they think you're market timing, they'll charge you a penalty. They have a lot of damn gall to send a letter like that at a time like this. Not that it affects me, of course, this is a 401(k) from a job I left in 1997 and I never touch the thing. But still. Putnam of all people should shut the hell up about dodgy trading.
3:51 PM
