I still have a soft spot in my heart for RadioShack. Despite its constant identity crisis as a retailer it has beat out much of the competition ("Good Guys" anyone?) and is still in the running. RadioShack was my second job ever and it basically put me through college. I worked at the same mall store, under the same manager, from October of my senior year of high school in 1995 until after I graduated from college and left for grad school in July of 2001. Now that I have begun investing, I am kicking myself (insofar as it is ever productive to do so) for not having enrolled myself in the company 401k for those five plus years. While I haven't calculated how much I would have invested at this point had I done so, I am sure it would be a significant sum. The irony now is that I am considering getting rehired at the local RadioShack to save a little extra cash before the summer, since I really only work a couple of days per week as a college instructor. I remember my boss Joe telling me not to be surprised if I found myself back at RadioShack someday. Not that I am dissatisfied (more like tired) with the teaching and the Ph.D. research, but i miss the simplicity of having very specific goals to meet each day/week/month and the fun of meeting those goals as a team. What can I say, I guess there is just something about that big circle-R.
Wednesday, April 4, 2007
RadioShack 401(k): A Missed Opportunity
I still have a soft spot in my heart for RadioShack. Despite its constant identity crisis as a retailer it has beat out much of the competition ("Good Guys" anyone?) and is still in the running. RadioShack was my second job ever and it basically put me through college. I worked at the same mall store, under the same manager, from October of my senior year of high school in 1995 until after I graduated from college and left for grad school in July of 2001. Now that I have begun investing, I am kicking myself (insofar as it is ever productive to do so) for not having enrolled myself in the company 401k for those five plus years. While I haven't calculated how much I would have invested at this point had I done so, I am sure it would be a significant sum. The irony now is that I am considering getting rehired at the local RadioShack to save a little extra cash before the summer, since I really only work a couple of days per week as a college instructor. I remember my boss Joe telling me not to be surprised if I found myself back at RadioShack someday. Not that I am dissatisfied (more like tired) with the teaching and the Ph.D. research, but i miss the simplicity of having very specific goals to meet each day/week/month and the fun of meeting those goals as a team. What can I say, I guess there is just something about that big circle-R.
Subscribe to:
Post Comments (Atom)
More About . . .
1 comments:
Don't worry about what has already happened! It's never too late to start investing and you should be glad that you didn't realize this when you are 65!
I'm not sure if RadioShack's 401k would let you invest in its own company stock which would have made you quite a bit the past year. However, there are many many opportunities that will come again and again as long as you are patient! Good luck with going back to RadioShack since extra income is always nice!
My Own Millions Blog
Post a Comment