Iconic Chart Shows Biggest Devaluation of Our Generation Yesterday, China's central bank said its foreign-exchange reserves have hit $3.0 trillion for the first time in its history. China is awash in dollars. The U.S. itself has too many dollars floating in its financial system. Is it any wonder the U.S. dollar is collapsing in value against a basket of currencies made up of other major currencies?Keywords:
Michael Lombardi, MBA, U S dollar, currency, devaulation, China, interest rates, inflation, Dow Jones Industrial, bear market rally A True Open Architecture 401(k) Platform Most 401(k) recordkeepers offer an open architecture solution whereby a plan is able to utilize mutual funds or ETFs from multiple fund families; they are not restricted to proprietary funds only. However, in many situations, while a plan is allowed this flexibility, the recordkeeping fee for the plan may vary depending on the investment options selected. A true open architecture 401(k) recordkeeper will not vary its fees based on the plan's fund lineup; its fees are truly independent of investment selection.Keywords:
Burke Johnson, Open architecture k, index funds in k plan, ETFs in k plans
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