![Solutions to the 401(k) DEATH TRAP – [Rich Dad StockCast]](https://zmruxt.com/wp-content/uploads/2026/02/1770813477_maxresdefault.jpg "Solutions to the 401(k) DEATH TRAP – [Rich Dad StockCast]")
In our last episode, we exposed the dangers of the 401(k) plan. But let’s not leave you stranded to die alone and broke in the 401(k) quicksand. THIS episode will offer you some SIMPLE solutions to escape the 401(k) death trap.
So stop listening to your uncle Jimmy Bo as he tells you which oil stocks to pick and let’s listen to a REAL teacher with REAL knowledge, Rich Dad’s Stock Advisor, Andy Tanner
If you’d like to take a stock class from Andy or watch one of his FREE training click here to learn from the same man Robert learns from https://thecashflowacademy.com/rd-stockcast/
Andy Tanner’s FREE book: https://richdad.clickfunnels.com/squeeze-page8783341
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30 Comments
So one your solutions (around the 34 min mark) is to 1) change your set up” or moving in and out of the money market and 2) open up side brokerage account to write options to hedge? (And you were surprised by this??) please take this grain of salt. This is tailored for someone who already has some wealth and/or real estate other sources of income. If you are an employee working a 9-5. Please contribute to your 401k, there are tax advantages and for the most part 401k fees are generally pretty low. Especially if you’re with a major employer thru fidelity/vanguard, you could find funds with expense ratio’s sub .1% and including admin you’re looking at .3%-.4%/yr. Don’t buy permanent life insurance or an annuity. Find a fee only advisor and get yourself a plan from a professional.
From 2016-2024 my Roth IRA has had 166% growth in the S&P500 Index how is that bad. And that is total growth of the money I put in every month for those 8 years. Do you have shown nothing on how these fees are supposed to be destroying my growth and you’ve showed nothing on how if you invest 4% of your income into an Apple stock you’ll become a multi billionaire.
This was great! Thank you both for this engaging and informative discussion.
Nice theory, too bad options are expensive hedge
Great video AAA+++thank you for the education Andy and Greg.
Good info. Thnkz.
I will forever be indebted to you 😇 you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs luna lucia,
Awesome topic to be discussing right now
The Daniel Boone Fund.🤣🤣🤣
Andy Tanner is an absolute Godsend! I’m learning learning learning!! 👍 Thank You 🙏
Excellent information!
shut up and just get adblock XD
I already retired and still have my 401k. Now what do I do with it?? Either way you are cooked? So what’s the difference?
28:36 – 30:00 moving average
Stock above moving average = be in socks
Stocks below moving average = move to cash
25:35 Move your options inside 401K = money market account, bonds, stocks
14:03 system risk – diversification doesn't work. You need "Insurance" = for 401K = 21:00 "hedging" = 22:00 "Delta" = by using "options" 24:00
9:05 Fees – net expenses ratio
CHRIST, this was good.
This channel is notorious for its constant advertisements
Perhaps it is a little too late to get financially educated after you are 60:(
Mr Young is arguably the best account manager on the planet, just few months ago I was making loses after loses until I heard about him on a YouTub post and contacted him, he gave me two options. Purchase his software if I already understood binary options trading or have him trade for me, at that time I was broke as I had lost a huge chunk of money trading for myself so I opted for him to trade for me I had $3,200 so I funded my account and let him trade for me after a week I withdrew a profit of $34,805 and decided to invest the same amount fast forward to today, I have made so much profits I can afford the software 10 times over and not flinch I implore you to reach him today and change your financial situation. Contact him (linyoun56g@gmail.com) or Instagram (you_ngli)
So today I received a letter from legal and general to say that they had decided to close one of their investment funds and were going to transfer my balance over to another fund. The fees were quoted as 3.67% to exit the fund and enter the other. Having watched this video and the education it provided I felt these fees to be unjust for a decision outside of my control so I have therefore written asking them to waive the fees. Let’s see how that is received by L&G.
I wish Andy Tanner talks less and gets to the points faster.
Listen to this again as I prepare to talk to my husbands representative who handles his 401(k). Our eventual GOAL…is to get out of his 401(k) and properly redirect funds into proper assets that we control! Thanks Robert, Kim and Andy for posting these videos!
Thanks for giving me the opportunity to invest with you Mr Peter Roland. I don't really know how it happened but thanks to God who made it possible. I invested $300 and received $3100. All thanks to you sir.
401k's are exactly the same as a business. If your business was consistently losing money, and out of your control, how long would it take you to close the doors?
Don’t be fooled that you should not use a 401k. If used properly they are an outstanding tool. Your contributions lower your taxable income so you save money there. Your company probably offers some matching up to a certain percentage. That’s free money. Also you can borrow or take out a 401k loan against yourself up to $50k or half of your vested value. You can then use this debt against yourself to make more money if you find investments better than the 401k funds. You are getting free money to leverage other investments. Not a bad deal. So don’t be afraid to use a 401k. Just take advantage of all the benefits.
Been looking to invest but couldn’t with the fear of loosing it all. If anyone has got a reliable trader with good testimonies please feel free to share.
Love it!!!!!!!
Thank you guys, very helpful video. Thanx