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Why are Americans invested in their own employer? It serms excessively correlated. My company pays my pension into index funds.
by lozenge 7y ago
Why are Americans invested in their own employer? It serms excessively correlated. My company pays my pension into index funds.
- bm1362 7y agoHedge funds bought shares because of the cooked books and unreal returns.
- zerkten 7y agoThis has changed for many large US companies when it comes to their 401k plans which are often the main vehicle for retirement savings (https://www.thestreet.com/story/13151412/1/how-your-retirement-plan-is-changing-because-of-enron-supreme-court.html https://www.thestreet.com/story/13151412/1/how-your-retireme...). There are still many opportunities for a poorly balanced portfolio.
- 0x8BADF00D 7y agoMany are too lazy to do the research, and sadly, many lack basic financial literacy.