Comment: 401ks have risks like everything else

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401ks have risks like everything else

Discipline, dollar cost averaging, current year tax benefits and employer match make 401ks attractive for most workers and I recommend taking advantage of them for some of your investment monies if you can. Many even offer Roth accounts as well. Since all investments -- including gold! -- have unique risks, you don't put all your eggs in one basket.

I am amazed how many bright investors are injured by their certainty and how many ignorant ones prosper simply by following the time-tested rules of balance, diversification, diligence in saving and not trying to time markets.