First gold, now crypto to be allowed in 401K's

derryb

Gold is currently allowed in retirement plans, will this be a game changer for crypto prices?

Could create a big increase in crypto retail exposure/prices and a reduction in gold for retirement plans.

johnny9434

I'm happy with what I got now 😉
(Ill talk to the retirement guy first) see if it's feasible

GoldFinger1969

I don't like that. I hope there are limits.

401(k)'s should be for traditional, conservative assets.

derryb

I remember right before the 08 housing crash there was a big push to include a real estate fund in my government TSP (401). Glad that didn't get through congress.

blitzdude

@GoldFinger1969 said:
I don't like that. I hope there are limits.

401(k)'s should be for traditional, conservative assets.

Conservative assets such as paper stocks and paper commodities? RGDS!

derryb

@blitzdude said:

@GoldFinger1969 said:
I don't like that. I hope there are limits.

401(k)'s should be for traditional, conservative assets.

Conservative assets such as paper stocks and paper commodities? RGDS!

Add a minimum just enough return to keep up with inflation. normally the greater the return-the greater the risk

jmski52

Why not crypto? They allow gov't bonds. Both are the same imaginary stuff created out of nothing.

Dave99B

Silly. Can Beanie Babies be far behind?

Dave

jmski52

Now we know what Bessent was talking about when he said they were going to "unlock" a vast amount of America's wealth.

This amounts to another bailout. They are "unlocking" the money in pension plans so that money managers on Wall Street have more $trillions of retirement money to gamble on risky and illiquid assets, like maybe - failing bank balance sheets and failing commercial real estate? And crypto.

All for more fees and to bail out the losers that should be out of business.

derryb

Retirement fund: