CoinWorld news, on August 8, news reports that U.S. President Trump signed an executive order on Thursday allowing alternative assets such as private equity, cryptocurrency, and real estate to be included in workplace retirement plans. However, some investor advocacy groups warn that while these new investments may offer enticing returns, they also pose significant risks to long-term retirement savers. Jerry Schlichter, founding partner of the law firm Schlichter Bogard, which specializes in high-fee 401(k) lawsuits, stated: "The goal of ordinary people is to have a safe and reliable retirement plan; new fields like cryptocurrency or private equity are fraught with various dangers for investors." Investment experts typically recommend allocating core long-term investment portfolios into diversified assets that can provide stable returns over the long term (at least decades). Jerry Schlichter pointed out that given the long-term upward trend of the stock market, broad-based stock index funds are appropriate 401(k) investment options. The issues surrounding cryptocurrency are evident. Although certain cryptocurrencies have yielded astonishing returns, these assets have not existed long enough to prove their safety. "Cryptocurrency has no long-term performance history, and its short- to medium-term performance is highly volatile," Schlichter said. "If you don’t understand this investment, you shouldn’t rely on it as a retirement asset."