3 ms·
401k’s are only about $5 trillion total. Even if half of them were in US stocks (it’s less than that), that would be less than 10% of the stock market.
by gok 8y ago
401k’s are only about $5 trillion total. Even if half of them were in US stocks (it’s less than that), that would be less than 10% of the stock market.
- ummonk 8y agoThat's enough to drive up the stock market by a lot (trillions of dollars of new money drive up market prices for stocks, and the value of exsiting investments, most of which are never sold to the 401ks by existing investers, goes up a lot).