Yet, according to financial advisors, there is an outlier in the realm of investing: the 401(k) match.
The basic concept of a 401(k) match is that an employer will make a matching contribution on workers' retirement savings, up to a cap.
In this example — a dollar-for-dollar match up to 3% — the investor would be doubling their money, the equivalent of a 100% profit.
"If you were in Vegas and every time you put $1 in [the slot machine] you got $2 out, you'd probably be sitting at that slot machine for a mighty long time," said Elliott, a member of CNBC's Advisor Council.
However, that money can come with certain requirements like a minimum worker tenure, more formally known as a "vesting" schedule.
Persons:
Kamila Elliott, you'd, Elliott
Organizations:
Collective Wealth Partners
Locations:
Atlanta, Vegas