Here’s a 401(k) investment management idea.
To protect your stock market gains going forward.
Ask yourself the following question:
Do you own any lagging 401(k) mutual funds?
Funds up less than stock market benchmarks.
Up much less than other 401(k) mutual funds you own.
Your efforts to “diversify” cost you important 401(k) investment gains.
But that’s all in the past.
Set a 401(k) mutual fund “stop loss” on your worst mutual funds.
If the stock market continues higher, you will take part of the gains.
If the stock market declines, your worst 401(k) mutual funds disappear.
401(k) principal protected.
401(k) stock market gains protected.
Even more important is a 401(k) money market balance to spend.
When the stock market decline is over.
Never used a 401(k) mutual fund “stop loss” before?
I do it all the time for my new 401(k) advice clients.
It’s the easiest way to “do something” in your 401(k.
When the stock market try to take your 401(k) stock market gains.
Interested in a “stop loss” 401(k) principal preservation strategy?
Ric Lager
P.S. Manage 401(k) stock market risk BEFORE you need to react.
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