Met a college friend of mine a couple of weeks.
Watched NFL playoffs football at a local bar.
His 401(k) investment management strategy shocked me.
Stated he has never changed over his working career.
The same way as the early 1990’s.
“Set-it-and-Forget-it.”
Hope it works out.
His biggest 401(k) mutual fund holding?
The default target?date fund he never chose.
Because it is the “default” option for his 401(k) contributions.
This old 401(k) investment management approach worked.
For years and years as U.S. stock market went up.
But today, you can actually rank your 401(k) mutual funds.
By annual cost, by performance, by how they stack up against each other.
The myth is that “buy?and?hold” means “never look.”
Paying attention doesn’t mean day?trading your 401(k).
It means using simple, factual comparisons to make better mutual fund choices.
Your 401(k) holds years of your contributions, and your company matches.
It deserves more than guessing.
A modern 401(k) strategy isn’t complicated.
It’s knowing which mutual fund are stronger, which are weaker.
And adjusting with logic discipline, and common sense.
Want to understand your 401(k) mutual funds more?
Let’ connect and I can provide your details.
P.S. You don’t need to overhaul your 401(k). You need to understand it.
