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Asked 6/29/2006
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Individual-401k's offering Bear (Short) Funds? I have some money in an Individual (or "Solo") 401k plan, and I'm now intent on investing it in one or more Bear Funds. |
Answer 1/2 - Submitted 6/30/2006
You should not especulate with Bear Funds with your retirement money.
Losses from Bear Funds are unlimited.
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Answer 2/2 - Submitted 7/5/2006
The 401(k) programs, as well as the various IRA retirement plans were established by law to foster "investment" plans, not what the law makers considered "speculators" plans. Thus the "retirement plans" (almost) always exclude leveraged bull and bear speculations. However, if you have a "solo" or self-directed (roll-over) IRA plan, I believe that certain highly leveraged funds that you mentioned, do offer these types of funds.
Certainly inquire of each family of those funds.
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