The stock market

longcast said:
Going to be interesting. I’m torn on this one. People are going to “gamble” with their life savings.
Click to expand...
One of these days I'd love you to 'splain WTH this means, does it mean that Fund Managers can make the decision to include these in your managed 401(k) accounts, or can these be included in options you can opt to use in your 401(k)??
 
Roccus7 said:
One of these days I'd love you to 'splain WTH this means, does it mean that Fund Managers can make the decision to include these in your managed 401(k) accounts, or can these be included in options you can opt to use in your 401(k)??
Click to expand...
My understanding is it will be both. But lately, what is done today, may not be the final rule tomorrow.
 
longcast said:
My understanding is it will be both. But lately, what is done today, may not be the final rule tomorrow.
Click to expand...
Although as you know, MOST 401(k) plans are self directed as the custodian/trustee (employer) wants to steer clear of anyone losing money and then being blamed.

I still have to read more, as I just saw this my also be a gateway to the PE world too.

Being involved in a bunch of PE deals, most folks will not understand the process and the risks involved. The due diligence it takes is mind boggling.
 
📱 Fish Smarter with the NYAngler App!
Launch Now

Members online

Total: 314 (members: 14, guests: 300)

Fishing Reports

Latest posts

Latest articles

Back
Top