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A comment on Strikes spread as French unions intensify pension reform fight. Parent comment

Re:Strikes spread as French unions intensify pension reform ... by jobs_throwaway on Tuesday March 07, 2023 @03:19PM (#35060606)
How does that work? The 401(k) providers are lending out the securities that their customers own?
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Re:Strikes spread as French unions intensify pension reform ... by lotsofpulp on Tuesday March 07, 2023 @03:25PM (#35060687)
No, 401k admins do not own the securities, the employees do. The comment is incorrect in implying the government bailed out the administrators, but the government did backstop the price the securities (the stock market) itself.

Hence why I think an SP500 investment is risk free on a >3 year timeline.

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