An outstanding point by one of my commenters:
What's the point of trying to save $300,000 in a retirement plan paying
2%? That's only $6,000/yr in income... so, does that mean if you start
up a website that generates $500/month income that it also is worth
If so, I'd say it's a helluva lot easier to start the
website than to save $300,000 - especially since it will take 36 years
to double your capital with interest compounding at only 2%.
This was in response to my original post that given the insane valuation multiples of the stock market, I can get a higher rate of return by investing in stupid ideas like this. Yes, it's not as liquid, yes, there are no perpetual, magical "capital gains," but the cash flow (which once again is the ONLY thing that drives the value of any investment) is a lot more than a paltry 2%. Ergo, if you really want to look forward and not be part of the 401k Clergy Sheeple Congregation, in addition to your 401k or IRA you may want to put forth a little effort into starting a little business on the side.