Teamster/Ups 401k diversification option?

[Over70irregs]

Should 401k plan diversify a small allocation to reduce exposure. Central states let us hear you. If CS had early exposure……?

Bitcoin Becomes Best Performing Asset Of The Decade, Returning Ten Times More Than Nasdaq 100​

Bitcoin coming to 401(k) plans through Fidelity digital asset accounts

Business intelligence solutions provider MicroStrategy plans to be the first employer to offer a digital assets account in their retirement plan later this year. Digital asset accounts will be available more broadly to employers mid-year.

www.foxbusiness.com

 

[UnionStrong]

Should 401k plan diversify a small allocation to reduce exposure. Central states let us hear you. If CS had early exposure……?

Bitcoin Becomes Best Performing Asset Of The Decade, Returning Ten Times More Than Nasdaq 100​

Bitcoin coming to 401(k) plans through Fidelity digital asset accounts

Business intelligence solutions provider MicroStrategy plans to be the first employer to offer a digital assets account in their retirement plan later this year. Digital asset accounts will be available more broadly to employers mid-year.

www.foxbusiness.com

Yes the should.

 

[IVE GOTTA PACKAGE 4U]

No way

 

[UnionStrong]

No way

Just a little? Lol

 

[IVE GOTTA PACKAGE 4U]

Just a little? Lol

If you want to do it in your own ira then they should make it so you can do so.

As far as pension plans go I wouldn't want my money in there

 

[UnionStrong]

If you want to do it in your own ira then they should make it so you can do so.

As far as pension plans go I wouldn't want my money in there

Not in my pension! Maybe yours…..

 

[Over70irregs]

Mexico is running ahead of us. After seeing what happened to CS states and coming bonds issues I want diversification. 2-5% is miniscule. We all acknowledge a possible RE bubble…

A New Bitcoin ATM is Installed In The Mexican Senate Building

A new Bitcoin ATM has been installed inside the Mexican Senate building, making it the first time a Bitcoin ATM is installed in the country.

www.cryptoknowmics.com

 

[UnionStrong]

Mexico is running ahead of us. After seeing what happened to CS states and coming bonds issues I want diversification. 2-5% is miniscule. We all acknowledge a possible RE bubble…

A New Bitcoin ATM is Installed In The Mexican Senate Building

A new Bitcoin ATM has been installed inside the Mexican Senate building, making it the first time a Bitcoin ATM is installed in the country.

www.cryptoknowmics.com

It’s usually better to diversify. Besides, for a little risk you could score big on something new and undervalued.

 

[IVE GOTTA PACKAGE 4U]

Fidelity’s New 401(k) Offering Will Invest in Bitcoin

The employer that oversees the retirement savings plan would have to decide to include the digital assets account.

www.nytimes.com

 

[Over70irregs]

Why is the tiniest country holding so much? Small bones + Little muscles = Broken back

Turn on a little faucet and relieve the pressure. They won’t make it.

 

[DriveInDriveOut]

If you want to do it in your own ira then they should make it so you can do so.

As far as pension plans go I wouldn't want my money in there

You can already buy crypto in your IRA.

 

[TearsInRain]

401k's IMO should stay away from crypto/leveraged stuff, even though i'd partake personally if i could

at the least though, they should open up to the huge number of ETF's out there; being able to invest in SOXX or QQQ instead of a boring S&P index would be awesome

that would make too many middle class people wealthy though, so our elites would never allow it

 

[IVE GOTTA PACKAGE 4U]

401k's IMO should stay away from crypto/leveraged stuff, even though i'd partake personally if i could

at the least though, they should open up to the huge number of ETF's out there; being able to invest in SOXX or QQQ instead of a boring S&P index would be awesome

that would make too many middle class people wealthy though, so our elites would never allow it

Unfortunately the rules do not favor for 401K plans

Your employer's obligated to buy the cheapest funds not necessarily the best funds

 

[oldngray]

Unfortunately the rules do not favor for 401K plans

Your employer's obligated to buy the cheapest funds not necessarily the best funds

Low risk but also lower rewards

 

[Overpaid Union Thug]

Why is the tiniest country holding so much? Small bones + Little muscles = Broken back
View attachment 381573
Turn on a little faucet and relieve the pressure. They won’t make it.

The Chinese actually owe us roughly $1 trillion. Probably a lot more than that now. They’ve owed it to us since before their communist revolution. I know thanks If we had a government and/or leader with balls to hold them to that it would erase much of what we owe them. They claim they no longer owe it to us because it was “borrowed” by a previous government. Meaning, before the communist revolution. International law says otherwise.

 

[Over70irregs]

401k's IMO should stay away from crypto/leveraged stuff, even though i'd partake personally if i could

at the least though, they should open up to the huge number of ETF's out there; being able to invest in SOXX or QQQ instead of a boring S&P index would be awesome

that would make too many middle class people wealthy though, so our elites would never allow it

A match is a passive way of investing at a small percentage. Right now a blind man can hear musical chair beats. We don’t get match but others do. It takes awhile for funds to start. Need to move.

Cuba’s Central Bank Legalizes Cryptocurrency Related Services By DailyCoin

Cuba’s Central Bank Legalizes Cryptocurrency Related Services

m.investing.com

 

[Over70irregs]

The Chinese actually owe us roughly $1 trillion. Probably a lot more than that now. They’ve owed it to us since before their communist revolution. I know thanks If we had a government and/or leader with balls to hold them to that it would erase much of what we owe them. They claim they no longer owe it to us because it was “borrowed” by a previous government. Meaning, before the communist revolution. International law says otherwise.

Use the confiscated overseas $ that is being used as a weapon of control.

 

[Over70irregs]

98% of retirement accounts in the US can’t access #Bitcoin .

That’s $39,400,000,000,000.

What happens when they do?

 

[pkgdriver]

I do some bitcoin in our 401k.
Its an etf that uses futures to try to follow the bitcoin price.

BITO

www.proshares.com

It has tracked the bitcoin spot price fairly well.
I believe there might be another etf like this now also.
They are trying to get other exact spot price etfs approved.

 

[BrownFlush]

Probably need to figure it out.
Rumor mill says after this contract, the new hires will not be included in the pension plan.