Most individual investors have both the economic resources and personal needs. To enlist the help of talented and experienced investment advisor.
Nowhere is that more evident. Then in the investment management decisions necessary to navigate a 401(k).
Many of the individual investors I talk to ask themselves tough questions. About their priorities in both their personal and business life.
Many of them are not getting the answers they need.
Individual investors are seek better investment performance from their stock and bond market investments.
401(k) balances are up over the last few years. But many 401(k) portfolios are not performing as well as expected.
But in most cases, 401(k) investment performance is less than expected.
The “when to sell” decision on a 401(k) mutual fund menu. More important going forward than the previous “what to buy?”
Forward-looking 401(k) participants come to the same conclusion. They need to refine their asset-protection plans.
The Power Of a 401(k) Stress Test
A 401(k) stress test is a simple process. Provided by an independent, third-party, fiduciary-level investment advisor.
In this process, the investment advisor evaluates the default menu of 401(k) mutual funds.
And the self-directed 401(k) account options if available.
There are three steps the advisor needs to take:
One is to understand what the investor’s self-interest is.
The next is to check current mutual funds.
And the last is to specify a course of action.
Recent all-time stock market averages highs. This condition increases the likelihood of putting off personal financial matters.
The first casualty is an updated 401(k) principal preservation strategy.
The risk is reacting too late to a major stock market decline.
Individual investors are often time deprived. At the mercy of incomplete and outdated firm 401(k) mutual fund information.
And incomplete or non-existent 401(k) investment management strategies.
There is no need to continue to guess with your 401(k) mutual funds. All you need is a second opinion. You deserve it.
Reach out to me on LinkedIn. Or comment below.
Or sign up to receive a well-crafted 401(k) advice newsletter. Delivered to your LinkedIn news feed once a week.
Sign-up here.
