Only slightly, unfortunately it’s not as flexible as a normal investment account. I’ve done a good bit of trying to lessen the damage though. Basically, with my specific account, I can pick from around 7 or 8 different funds, many of which include huge tech companies.
Unfortunately, even if I invest only in one, it’s likely going to get affected by the bubble popping since everything is ultimately on the same market as the slop peddling companies.
I’m so glad my 401k is going to vaporize because it’s mostly tech companies.
As an ignorant non-American who doesn’t know how 401k works, could you not redirect where your investment/retirement goes?
Only slightly, unfortunately it’s not as flexible as a normal investment account. I’ve done a good bit of trying to lessen the damage though. Basically, with my specific account, I can pick from around 7 or 8 different funds, many of which include huge tech companies.
Unfortunately, even if I invest only in one, it’s likely going to get affected by the bubble popping since everything is ultimately on the same market as the slop peddling companies.