Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"The executive order is part of a broad deregulatory push under the Trump administration, which has rolled back restrictions on cryptocurrency investments, closed regulatory probes into the industry and loosened banking industry rules."
"The private equity industry has in recent years struggled to raise money from the pension funds and endowments that it has relied on historically. Groups such as Blackstone and Apollo predict that accessing 401k plans could deliver hundreds of billions of dollars in new industry assets."
This has nothing to do with the fact that he's in-bed with the crypto lobby and the PE folks are in bed with his Treasury and Commerce secretaries, right?
"This has nothing to do with the fact that he's in-bed with the crypto lobby and the PE folks are in bed with his Treasury and Commerce secretaries, right?"
Sometimes local groceries have “sale prices” posted on items (in big numbers). But the very fine print on the tag says you need to “clip” a coupon somewhere - I assume with your cell phone at their company website. So I pass on such items and buy what I need somewhere else, even if it costs a little more. Who has time to play games like that? Just post the frickin price of the item!
Another trick noted by others above is the “store discount card”. Geez. I’m supposed to keep a dozen different store cards in my wallet? 3 debit / credit cards is as much as my pea brain can manage!
Sometimes local groceries have “sale prices” posted on items (in big numbers). But the very fine print on the tag says you need to “clip” a coupon somewhere - I assume with your cell phone at their company website. So I pass on such items and buy what I need somewhere else, even if it costs a little more. Who has time to play games like that? Just post the frickin price of the item!
Another trick noted by others above is the “store discount card”. Geez. I’m supposed to keep a dozen different store cards in my wallet? 3 debit / credit cards is as much as my pea brain can manage!
I'm with you on this junk.
Whenever I reach the cashier, I tell him/her: "I have my gimmicky Safeway card. Will you scan it, please?
Alternatively, I'll ask the cashier: "So, I can get a discount with this card?" yes. "So, Safeway can afford to sell me this stuff at the discounted price--- but only if I produce this card for you to scan?" Yes. "Then, why do I need the card?" *************** Of course, it's for target-marketing purposes. But I never, ever look at any of that crap, anyway. They want an email address, or permission to text you that crap. Nope, I tell 'em. (But why not?) Then I tell 'em: "I can't read."
Screw that ... My store 'savings club' cards all have roughly the same information .... all of which are pemutations of historical presidents' names and the White House address, just in a different quadrant of DC. (Stores don't care!)
This has nothing to do with the fact that he's in-bed with the crypto lobby and the PE folks are in bed with his Treasury and Commerce secretaries, right?
Screw that ... My store 'savings club' cards all have roughly the same information .... all of which are pemutations of historical presidents' names and the White House address, just in a different quadrant of DC. (Stores don't care!)
Comments
https://www.ainvest.com/news/bitcoin-news-today-trump-executive-order-crypto-private-equity-401-plans-2508/
Edit/Add https://www.whitehouse.gov/fact-sheets/2025/08/fact-sheet-president-donald-j-trump-democratizes-access-to-alternative-assets-for-401k-investors/
"The executive order is part of a broad deregulatory push under the Trump administration,
which has rolled back restrictions on cryptocurrency investments,
closed regulatory probes into the industry and loosened banking industry rules."
"The private equity industry has in recent years struggled to raise money
from the pension funds and endowments that it has relied on historically.
Groups such as Blackstone and Apollo predict that accessing 401k plans
could deliver hundreds of billions of dollars in new industry assets."
https://archive.ph/nE6xK
Keep that junk away from my retirement assets!
and the PE folks are in bed with his Treasury and Commerce secretaries, right?"
It's merely a "coincidence" my friend...
Another trick noted by others above is the “store discount card”. Geez. I’m supposed to keep a dozen different store cards in my wallet? 3 debit / credit cards is as much as my pea brain can manage!
Whenever I reach the cashier, I tell him/her: "I have my gimmicky Safeway card. Will you scan it, please?
Alternatively, I'll ask the cashier: "So, I can get a discount with this card?" yes. "So, Safeway can afford to sell me this stuff at the discounted price--- but only if I produce this card for you to scan?" Yes. "Then, why do I need the card?"
***************
Of course, it's for target-marketing purposes. But I never, ever look at any of that crap, anyway. They want an email address, or permission to text you that crap. Nope, I tell 'em. (But why not?) Then I tell 'em: "I can't read."