“Set-it-and-forget-it” or “Buy-and Hold.”
Dangerous 401(k) advice for individual investors.
Designed for mutual fund managers.
To extract the most management fees possible.
Default 401(k) target date mutual fund selections.
Passive allocations.
To make you feel safe.
“Good enough.”
Code for underperformance, hidden fees, and a false sense of security.
Are you a “saver” or are you an “investor” with your 401(k)?
401(k) investors have a large investment management responsibility.
To pick 401(k) mutual funds based on evidence.
To manage those mutual funds in changing economic and stock market conditions.
To stop outsourcing their retirement future to a default setting.
You can’t outsource common sense.
You can’t outsource 401(k) stock market risk.
Ask yourself:
• When was the last time you reviewed your 401(k) mutual fund choices?
• Do you understand the stock market you are taking now?
• Are you ready to stop outsourcing your 401(k) future to a default setting?
I help my individual 401(k) advice clients.
Gain clarity on their 401(k) mutual fund options.
Confidence in their 401(k) mutual fund picks.
The most important information I provide.
Is how much it costs your 401(k) to own the wrong mutual funds.
Do you want that kind of understanding of your 401(k) mutual funds?
P.S. You would be amazed at how much bad 401(k) mutual funds cost you.
