re: ZOM making a nice run

Not many 401ks you can do anything but ETFs. And if youre at a small company? They could careless if you make $1 on youir 401k. SO thats REALLY rare for a 401k to allow the freedom of investing in what YOU want. Most have ETFs.

Now IRAs? yes you have 100% freedom unless youre paying a firm to do the investing for you?

I have pennies in my IRA. probably around 3-4% tops. I can afford that risk. I wouldnt go higher. I can actually do my own DD on regular stocks and hit well. No where near the jump pennies can take overnigth. But long term investing. I've beat the market.