Sometimes, it helps to hear this type of thing from an independent source. As we have said before, we don’t fix our own cars, why should we be expected to be professional investment managers?
Don’t take this too personally, but the less you are involved with investment decisions for your 401(k) the better off you may be.
A new study of more than 400,000 401(k) participants in seven corporate plans found that the median return earned by individuals who sought out help in managing their 401(k) was 1.86 percentage points more than participants who made their own allocation/investment decisions.
Read Entire Article at MoneyWatch.com
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