Cryptocurrencies Pose High Risk to 401(k) Portfolios, Government Watchdog Warns
By Naveen Athrappully Cryptocurrencies in 401(k) retirement accounts expose portfolios to high risk of decline, with the value of these assets largely dependent on investor sentiment rather than actual market usage, according to a recent report from the U.S. Government Accountability Office (GAO). “GAO’s analysis of investment returns indicates crypto assets have uniquely high volatility…
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