Every once-in-a-while you have to ask yourself this question.
Most times when you don’t have time to think about the answer.
“How much stock market risk am I willing to take in my 401(k) account?”
This question is especially important now.
Due to the fact of your Q3 2024 all-time high 401(k) account value.
Your answer to this question does not mean you need to think about “timing” the stock market.
Trying to catch the 10-biggest jumps or avoid the 10-biggest tumbles. A complete fool’s game and waste of time.
No investors do that over the long-term. Even most professionals can’t.
You shouldn’t let scary stories dominate your approach to 401(k) investing.
Don’t let yourself be bullied. Least of all by someone who isn’t telling you the full story.
You can’t catch each twist and turn of the stock market. You also can’t be passive.
And let a stock market decline destroy several years of hard-earn 401(k) investment gains.
Along with personal and company-matching 401(k) contributions.
A profitable middle ground is available for your 401(k).
An intelligent set of investment management conclusions. Specific to your level of risk.
There is a clear advantage of using a 401(k) risk management strategy.
But it is hard for most individual 401(k) investors. Swept up in the short-term movements of the market.
The financial media and Wall Street mantra work against you. “buy-and-hold” is all they know. Up, down, or sideways stock market direction.
Sometimes you have to take a step back. And reevaluate exactly why you own the 401(k) mutual funds you do now.
The current economic and stock market environment may be one of those times.
Future catastrophic 401(k) losses can be avoided.
Most times that starts with a second opinion on the 401(k) mutual funds you own now.
It takes 10 minutes. A screen shot and an e-mail.
I will respond with the 401(k) mutual fund second opinion you may need now.
For peace of mind in your 401(k).
Ric Lager
Lager & Company, Inc.
Your 401(k) principal is important. And you deserve a second opinion on the mutual funds you own now.
Reach out to me on LinkedIn. Or comment below.
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