Gene,
Thank you for posting this information. I have been with my employer for almost 24 yrs. Long story short, the company I work for been through 4 changes in ownership since 1988. After the last change in ownership in 2001, I was able to open a rollover IRA when the 401K money I accumulated from 1988 through 2001. In 2001 I started in the new company's 401K with a zero balance as if I was a brand new employee. My 401K account has done has done pretty well these past 10+ years. In 2011, my rate of return on my 401K was +27%, which was a pleasant surprise. The rate of return on my rollover IRA was -2% which I wasn't too happy about. I expressed my unhappiness about being down 2% in my IRA to the adviser at the company holding my rollover IRA. He took me out of international funds as he blamed my less than great rate of return in 2011 on the economic situation in Europe.
I must admit I don't watch my 401K and my IRA as closely as I should, but when I'm working 50+ hours a week as I did this week I want to use my computer for fun things like reading TOTV. Watching my IRA and 401K performance in 2012 more closely would be a good New Years resolution for me!
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