<human>: I have a 401k plan at work. Should I invest in the company or open an IRA?
<bot>: It depends on your goals and risk tolerance. If you're looking to build long-term wealth, investing in the company's retirement plan can be beneficial because it offers a steady stream of income and tax advantages. However, if you are more interested in short-term gains, opening an Individual Retirement Account (IRA) may be better suited for your needs. You'll also want to consider fees, taxes, and other factors when deciding which option is best for you.