Everyone has blind spots. Areas of their life that includes a set of obvious facts that are not obvious to them.
They choose to “don’t care” or “don’t have time.” Sometimes, it is a combination of both.
It might be time to decide how much you care about your 401(k) principal.
Periodic investment management decisions are required to take part in a 401(k).
Even if you don’t want to make the decisions.
As a reminder, “doing nothing” is an investment management decision.
This blog post is a warning.
Pay attention to the economic, interest rate and stock market cycles.
If you don’t, it can cost your 401(k) a great deal of money.
Don’t get caught owing the wrong 401(k) mutual funds. In a declining stock market.
The last several years of your 401(k) investment gains are at risk.
Along with your personal and company-matching 401(k) contributions.
I seek out individual 401(k) participants who are willing to listen.
Acknowledge the advances in mutual fund investment management technology. And want to learn better 401(k) habits.
How to improve investment management decisions on their default menu of 401(k) mutual funds.
Do you know the mutual funds I am talking about?
The same ones that were “sold” to your company.
Picked by your 401(k) provider.
Independent, third-party, fiduciary-level investment advice.
The only known remedy to preserve and grow your 401(k) account.
401(k) participants don’t want to admit they picked a handful of wrong mutual funds. But the raw investment performance data does not lie.
Most of my individual 401(k) investment advice clients are at the top of their profession.
In the prime of their working career. They are not completely ignorant of investment management techniques.
But there are mutual funds on their default 401(k) menu they should not own.
Annual fees are excessive. Investment performance lags.
These same mutual funds can fall at a faster rate. When the next meaningful stock market decline begins.
Excessive, lagging, and falling.
Not the best conditions to ready your 401(k) nest egg with a desired balance and retirement date.
The stock market volatility is increasing.
Makes no difference why. Or how.
Pick inflation, interest rates, job losses, or the upcoming election.
Constructive mutual fund analysis from an experienced professional.
Not affiliated with your company or company 401(k) provider.
The best opportunity for a 401(k) “second opinion” is in the early stages now.
Don’t your largest retirement asset continue to be a blind spot.
No need to continue to guess at your current with your 401(k) mutual funds will react to falling stock prices.
All you need is a second opinion. You deserve it.
Reach out to me on LinkedIn. Or comment below.
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