Pension Perils: Lessons from the Dallas Fund Fiasco (SB1576)
The Stacking Benjamins Show
00:00
The Dallas Pension Fund Fiasco
This chapter examines the poor performance of the Dallas police and fire pension system, revealing a mere 2% return over the last decade due to risky investment choices. It highlights the implications of straying from conservative investment strategies and the cascading consequences on municipalities and public safety officers' retirement security. The discussion serves as a cautionary tale, emphasizing the necessity of professional management in investments and the dangers of emotional decision-making without proper due diligence.
Transcript
Play full episode
