I don’t want to rehash all the reasons for my view that investors should avoid actively managed funds, expensive, complex investment products and “alternative investments” like hedge funds and private equity. If you find these investments suitable, you have every right to buy them.
Special issues with 401(k) plan participants
Employees with 401(k) plans, however, are in a different category. Their investment choices are typically constrained by the options offered in their plan. These funds are selected by the 401(k) plan sponsor, working with a broker or other advisor to the plan.
Read the rest of the article at The Huffington Post.