• SupraMario@lemmy.world
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    18 hours ago

    Did the rule that allows 401k to be invested in stocks like this shit get passed? Cause that’s going to fuck so many peoples retirement (mine included). And when these companies pop, we’re going to be holding the bag.

    • RxBrad@infosec.pub
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      18 hours ago

      The mutual funds in a typical 401k are just a bunch of stocks like this, wrapped up in a value meal package.

      If you have a 401k, you probably already own stock in Nvidia, Tesla, Microsoft, Google, Amazon, Meta, etc…

      • SupraMario@lemmy.world
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        18 hours ago

        I know they’re mutual funds but there was rules if I remember that didn’t allow the 401k funds to be used for high risk stocks like these.