Wednesday, November 18, 2009
Massey Energy 401k (PSP) Plan PSDS Scan 12/31/2008
This plan was hurt by company stock MEE and 2008 like many. The Balanced portfolio is 98.1% invested in the stable value fund SVF.hpx in the scan and the employee portfolio has 43.5% invested in the stable value fund. The off the chart volatility of the company stock continues and it is up 194.2% YTD as of 11-17-2009. Keep in mind volatitly kills compounding.
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