How to pick your 401k investments

 

The concept of a 401(k) is weird to me. The government has declared it is a way to invest for your retirement, but you only get to use it if your company decides to offer it to you. If your company doesn’t feel like offering you this government tax break, too bad, you’re out of luck. ⁣

To make it even weirder, company’s give you a SHORT LIST of mutual funds you’re allowed to invest in inside of your 401(k). They all suck? TOO BAD.⁣

So if you happen to have a 401(k) through your workplace and you need to pick how to invest, here’s the post for you! I also have a video on how to analyze a mutual fund if you scroll down.⁣

And, as a reminder, don’t get too stressed about this decision. Perfectly picking investment choices isn’t what is going to make you rich. Plowing more money into your investments is.⁣

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.⁣

– Jeremy⁣

via Instagram

MORE POSTS

UCSB Slides

Thank you UCSB! You can download the slides from my talk here: https://drive.google.com/file/d/1zpdmjtmgBmViKrSzXTLr79fy2ZVh4Duv/view?usp=sharing

TAKE THE COURSE!

How to invest course

LET'S CONNECT

ABOUT

Jeremy Circle

Hi, I’m Jeremy! I retired at 36 and currently have a net worth of over $4 million. 

Personal Finance Club is here to give simple, unbiased information on how to win with money and become a multi-millionaire!