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By Dr. Jim Dahle, WCI Founder

Josh Katzowitz, our content director, reads financial pornography. I’ve been trying to break him of that habit, but instead, he seems more successful in getting me to read it and, worse, write about it. The latest edition comes from an article on CBS News titled “Trump wants your 401(k) to access crypto and private equity. Here’s what to know.” The article talks about an executive order President Trump signed on August 12 that makes it easier for your 401(k) and other employer-provided retirement plans to include options allowing employees to invest in cryptoassets and private equity funds. The executive order, titled Democratizing Access to Alternative Assets for 401(k) Investors, says:

“It is the policy of the United States that every American preparing for retirement should have access to funds that include investments in alternative assets when the relevant plan fiduciary determines that such

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