Relax. The Reddit-Hedge Fund Battle Won't Tank Your 401(k)

Relax. The Reddit-Hedge Fund Battle Won’t Tank Your 401(k)
January 29, 2021 8:00 AM
Chris Davis, NerdWallet
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This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities.
Amid all the freneticism of the Reddit-hedge fund battle, a simple fact seems to have gone unnoticed: It means very little to the majority of investors. Your 401(k) is probably fine, and your IRA is still doing its thing.
To fully understand why that’s the case, let’s look at how we got here, and what it means for average investors going forward.

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