When stock market averages fall.
How do you know if your 401(k) funds are working?
The hardest part of falling 401(k) account values.
Is deciding whether to react.
“What to buy?” suddenly turns into “Should I sell?”
Long-term 401(k) damage doesn’t come from stock market declines.
It comes from how you respond.
Professional 401(k) investment management consists of two parts.
The individual mutual funds you pick.
How much stock market risk you are willing to accept.
Here’s the best 401(k) mutual fund strategy now:
Confirm how your 401(k) mutual funds rank.
The lowest ranked mutual funds carry the most risk now.
The highest ranked mutual funds will “come back” with the markets.
The lowest ranked 401(k) mutual funds lagged in good markets.
Will not recover quickly or ever when the markets find a bottom.
Now is the time to “know what you own” in your 401(k).
Mutual fund rankings are the key element to focus on.
Interested in how your default 401(k) mutual funds rank now?
Let’s connect and I can share your specific 401(k) details.
P.S. 401(k) discomfort is normal. A bad 401(k) mutual fund needs a decision now.
