dabidab
Right so what’s the point then? Doesn’t that prove the point: zero gain/loss with a 10% withdrawal penalty to boot.
People putting retirement funds in a pile of companies that often have little impact on local communities they live in.
They’re changing laws to fast-track sketchy IPOs, putting hard earned money at risk why? So we can send people on a death-mission to Mars?
Point being, they are doing what they will with other people’s money and won’t suffer the consequences. Removing the checks and balances is exactly how financial disasters happen.
People should honestly read Killing the Sacred Cows it’s an eye-opener for anyone invested in 401k.
Maybe next they’ll give you housing from the company property, and sell groceries from the company store, and see a company doctor.
I mean Warren Buffet eats at McDonalds every day!