“I’m not good with investments.”
“My 401(k) mutual funds are too complicated.”
“I’ll let the default option ride.”
Innocent admissions.
Strategic threats to the preservation and growth of your 401k).
And it’s costing you thousands and thousands of dollars.
What Is 401(k) weaponized incompetence?
Weaponized incompetence describes the act of feigning inability.
To avoid responsibility.
In your 401(k), it’s the claim that mutual fund selection.
Is too hard to figure out.
The result?
You continue to own some of the worst mutual funds in your 401(k).
Expensive with poor investment performance.
I know that figuring out “What to buy” in your 401(k) is difficult.
Jargon-heavy plan documents and confusing mutual fund names.
Assuming you are more financial literate than you are.
But here’s the truth:
You don’t need to have a finance degree, MBA, or a CFA.
To pick better 401(k) mutual funds.
You need independent, third-party, institutional level mutual fund rankings.
The important bare essentials of 401(k) mutual fund selection.
It’s easier to take responsibility for your 401(k) picks.
It’s easier to be accountable for your 401(k) investment results.
When you get a 401(k) “second opinion.”
Stop with your 401(k) passive neglect.
Start giving your 401(k) your full attention.
Ready to admit “I’m not good a picking 401(k) mutual funds?”
P.S. You can pick better 401(k) mutual funds with better information.
