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Old Today, 03:22 PM   #1
RX792P
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Join Date: Jan 31, 2010
Location: TX
Posts: 2,069
Encounters: 117
Default Concerned about retirement or concerned about revenue

https://www.foxbusiness.com/politics...trump-proposal

Pushing for opening up what retirement funds can invest in.

Quote:
Even so, most voters say they’re open to letting retirement plans invest in more than just stocks and bonds if it could help their savings grow. Respondents said they would consider options that include private companies not traded on the stock exchange, real estate, and infrastructure projects such as data centers, energy and transportation.
NOTE the lack of definition of 'most voters'.

Are the corporate promoters of this plan (i.e. BlackRock) really interested in your retirement or are they more interested in getting access to your money to increase the revenue of management fees and commissions they make when one moves their money to a more costly financial vehicle?
By playing on some uneducated investors that don't understand real risk vs reward in investing.

Isn't a better path for retirement the slow and steady rather than 'betting on the come'?

For every SpaceX, there's many Theranos, WeWorks, and Quibis..
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