Most people think picking more mutual funds equals better diversification.
In reality, quality mutual fund picks are what grows the value of your 401(k).
Roughly 70% of 401(k) investors admit they choose funds based on guesswork.
What if your 401(k) mutual fund picks were the best available.
Instead of whatever mutual fund lineup your employer happens to offer.
I recently reached out to a 53-year-old attorney at a major Midwestern law firm.
A top partner and “rainmaker” at his law firm.
As his annual income grew, his 401(k) investment management strategy didn’t.
His 401(k) became a patchwork of “guesses.”
Even worse…
He had no idea his law firm 401(k) included an SDBA option.
A Self?Directed Brokerage Account.
To expand investment options beyond the standard mutual fund menu.
My first 401(k) investment advice offer to this partner was simple.
He didn’t need more complexity—he needed clarity.
He didn’t need more 401(k) mutual fund choices—he needed the right choices.
Regardless of professional career or academic achievement.
Very few individual investors have the tools to manage their 401(k).
Are you ready to stop guessing with your 401(k) mutual fund choices?
P.S. A 10-minute review of your 401(k) mutual funds can shift your entire trajectory.
