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Stay away from Private Equity in your 401k (when it become available)


enigma-2

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Ok, this is off topic, but should be ok in the lounge. Private Equity has successfully lobbyied congress to allow Private Equity to sell shares in 401k's. May take 5 years or so to show up, but if it dies, STAY AWAY. Far away. Stay in a good S&P 500 mutual fund like Vanguard, with low costs, and you'll be much better off.

 

Anyway, here's a 15 minute video explaining why this is such a horror show for 401k's.

 

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