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M*: Should 401(k) Plans Embrace Alternative Investments?

FYI: The fund industry's trade publication, Ignites, reports that a startup is providing 401(k) plans with a difference. (No link, paywalled.) Rocket Dollar's offering "enables you to invest beyond traditional stocks and bonds." Rocket Dollar 401(k) plans enable their owners to buy cryptocurrency, rental properties, and venture-capital funds. Perhaps they wish to make small business loans. When it comes to possible investments, "the sky's the limit" for those who board the Rocket Dollar...rocket.
Regards,
Ted
https://www.morningstar.com/articles/871895/should-401k-plans-embrace-alternative-investments.html

Rocket Dollar Website:
https://rocketdollar.com/

Comments

  • I think they should not.IMHO only a small percentage will know enough about these markets to make a sensible decision to risk retirement dollars but a number will invest in the name of 'diversification" where their idea of diversification is to invest in every fund offered by the plan.
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