What are the going to do if the public decides the stock game really is rigged and everyone decides to sell their 401k and go fully into cash?
Why do you assume you will be allowed to sell your 401K? If this stand, you can only buy or sell if the gang wants you to.
Grandpa was right. You don’t own your stocks if you buy it through a 401K. However, he assumed you DO if you buy it yourself.