My 401(k) Has Very Limited Options... What Should I Do?
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- Опубліковано 14 тра 2024
- My 401(k) Has Very Limited Options... What Should I Do?
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I'll tell him. Do the low cost, S&P 500. He is in his 20s. Even if he did a target date fund today it would basically be fully invested in stocks anyway.
Thanks for answering my question!
Get the s&p 500 in your 401k. It's always the cheapest fund. And your lucky if you have one because most 401ks are greedy and don't offer it because they make no money off of it.
I just look at the returns over the last 10+ years, and the expense ratio. I don’t have an S&P500 option, but I do have a Russell 1,000 option. The Russell 1,000 had the lowest expense ratio (0.01%) and blows the other options out of the water in returns (~13% annual return).
Is that threw American funds? And if so how Many employees are there in your company. That expense ratio is low
Outstanding!!!
@@6speed818 The company is Walmart. The fund is a BlackRock fund, but doesn’t have an exact public option. Its performance seems to fit between Vanguard’s Russell 1,000 VONE and VONG funds.
Stocks investing should be allowed in 401k. I had $55k gains per year on blue chips mutual funds but after being laid off I did a rollover IRA and invested in stocks which let me to gain 3 times the balance I had. This was done in 12 months.
The S&P500 is the ‘Gold Standard’ of investments and how financial advisors measure their choices. Unfortunately, 92% or so of advisors DON’T beat the S&P 500. You have decades to go and should be 100% in the S&P 500.
S&P 500 index in vanguard symbol VINIX is all I choose out of all the available options in my employers 457b
If you have a low cost S&P 500 index fund in your 401K, I would argue you have great investment options. What more would you want as a young saver?
Exactly. Apparently there was a lawsuit against my company alleging they picked funds with higher fees than necessary. When I read that I was shocked anyone bothered to look at something other than the 0.02% S&P fund.
Invest up to the company match always. I recommend that he research and pick the best option that he has!