The stocks markets are not helping your 401(k).
But you are losing more money holding bad mutual fund positions.
Most 401(k) investors don’t realize these facts.
Some 401(k) mutual funds will recover.
When the geopolitical, economic, and stock markets improve.
Other 401(k) mutual funds don’t come back.
They lag the stock market averages on the way up.
They lead the stock market averages on the way down.
Don’t spend your future 401(k) dollars “getting back to even.”
Not when you can “make money.”
Owning the best mutual funds available in your 401(k).
Position your 401(k) for the eventual stock market “bounce:”
That means three things:
• Sell your 401(K) mutual funds that are not working
• Keep your 401(k) mutual funds that are working
• Establish a 401(k) “stop loss”
A 401(k) “stop loss” is your line in the sand.
If the stock markets drop your 401(k) account value to that level.
Your raise the cash level in your 401(k).
You don’t need to overhaul your entire 401(k).
Stop letting underperforming mutual funds drag down your account value.
Build a 401(k) money market balance for the stock market “sale.”
A timely question to ask yourself now:
“If I didn’t already own this 401(k) mutual fund, would I buy it today?”
If the answer is no, you know what to do.
Curious how to apply stop?loss inside your 401(k)?
Let’s get a connection started here.
P.S. Find out once-and-for-all if you own the best 401(k) mutual funds.
