The Worst 401(k) Advice I Saw in Minnesota This Week

I ran across an investment advice post this morning.

That made me laugh out loud.

And I don’t laugh out loud that often.

The advice was completely misleading.

“Buy the dip.”

“Don’t overthink it.”

“Just follow the stock market.”

This is especially dangerous for your 401(k).

Someone else selected menu of 401(k) mutual funds.

Everyone has the different 401(k) mutual fund options,

Different annual fees and expenses.

Most 401(k) investment advice is too simple.

Not relevant or useful for your 401(k).

That’s why generic 401(k) investment advice falls apart.

It becomes harmful to your 401(k).

Wastes your time.

And drowns out better mutual fund strategies.

Take these steps to improve your 401(k) mutual fund picks:

• Rank your 401(k) mutual funds by investment performance.

• Rank them again by annual fees and expenses.

• Make your own decisions on stock market risk.

Your 401(k), on your terms.

Personalized 401(k) decisions beat generic advice.

Read any 401(k) investment advice recently.

That missed the mark on your 401(k) mutual fund menu?

If this resonates, let's rank your 401(k) mutual fund options.

Ric Lager

P.S. Better 401(k) mutual fund don’t come from online advice.