The U.S. stock markets are in an historic state of flux.
If you haven’t looked at your 401(k) lately, that’s the risk.
Most 401(k) investment management mistakes are behavioral.
401(k)’s that need of attention.
When stock market risk levels change.
Spring shows up whether you’re ready or not.
So do stock market pullbacks.
We clean our closets.
We clean our garages.
But most people leave their 401(k) on autopilot and hope for the best.
Most individual 401(k) investors.
Own at least one mutual fund that fits these descriptions:
• It lagged when the stock markets were rising
• It’s now falling at a faster rate than the stock market averages
• Its annual cost is more than it the investment performance delivers
Spring cleaning is an annual process.
Reviewing with clear eyes.
What you own and why you own it.
Do the same thing with your 401(k) mutual funds now.
What’s working?
What isn’t?
What are you still holding it?
If you reviewed your 401(k) mutual funds today, what would surprise you?
Let’s connect if you need a 401(k) mutual fund “second opinion.”
PS: Doing nothing in your 401(k) when stock markets fall is still a decision.
