Well, most of us (myself included) "invest" in a 401(k) that we don't really understand that well, but common wisdom is that this is still the best way to save for retirement.
> common wisdom is that this is still the best way to save for retirement
Because the tax advantage on the account makes it so largely irregardless of how well you understand it.
Also the options available are generally quite limited so that a) even if you did understand it you wouldn't have much choice within the tax advantaged account, and b) your choices are largely constrained to relatively safe index funds.
Because the tax advantage on the account makes it so largely irregardless of how well you understand it.
Also the options available are generally quite limited so that a) even if you did understand it you wouldn't have much choice within the tax advantaged account, and b) your choices are largely constrained to relatively safe index funds.