Originally Posted by
StarbucksBob
I don't think active management or self-directed activity would have prevented the losses we have seen this year to the VEBA, if it was actually allowed by the IRS (I'm not sure). I've flown with pilots my entire career who somehow have always known (in retrospect) when they should have gone to cash and most often, they are wrong. Hopefully you don't need to access your VEBA funds anytime soon. It will come back.
I assume you've never heard Marty Zweig's quote about fighting the Fed.