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50 sats \ 4 replies \ @Undisciplined OP 25 Mar 2024 \ parent \ on: Tapping 401ks to Pay the Bills econ
I haven't looked deeply into it, but my understanding is that there are ways to invest in almost anything through your retirement funds here. That includes physically held commodities and I imagine self-custodied bitcoin.
I still need to go through the hassle of converting my accounts from my previous employer into my own accounts. Part of my reluctance in doing it is being a little overwhelmed by the options, but I need to make it a priority.
I have a very straight forward self directed retirement account. Just a couple index efts, a couple dividend paying stocks, bitcoin etf, gold etf, and a couple energy mlps.
I used to care a lot more about stock picking but liquidity is the only thing that seems to matter anymore so why spend all my time trying to outsmart the market by finding undervalued companies.
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I'm stuck with mutual funds for now. I've just been using a rebalancing strategy while holding funds of different types of assets from different places. I don't have to give it much thought and it sort of automatically buys low-ish and sells high-ish throughout the business cycle.
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Fees suck though.
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Yeah. I need to do it, but I keep procrastinating because I know it's going to be a huge pain in the ass.
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