Finding Minnesota 401(k) safety

In case you have been busier than usual.

The recent financial and geopolitical headlines are relevant to your 401(k).

Each one dangerous to your 401(k) principal in a big way going forward.

All told, it is a wonder that U.S. stock market have held up in value.

As well as they have to date.

It is too early to conclude the start of an economic recession.

Or that a stock bear market is inevitable.

But it is not too early to “do something” in your 401(k).

Take steps to preserve years of 401(k) stock market gains.

Years of personal and company-matching 401(k) contributions.

You don’t need to “sell everything” in a panic.

But managing your current 401(k) stock market risk is timely.

The stock markets won’t let you “grow” your 401(k) over the near term.

So, it’s time to protect your 401(k) principal.

A 401(k) “stop loss” may be the answer.

A dollar amount or a percentage.

If the stock market takes your 401(k) account value down to those levels.

You sell the worst 401(k) mutual fund or funds you own.

How do you know the worst 401(k) mutual funds you own now?

Independent, third-party, mutual fund analysis tools.

The same ones used by institutional investors.

Ranking all your default 401(k) mutual funds.

By annual expenses and investment performance.

Like your recent Fantasy Football season.

Or March Madness seedings in a couple of weeks.

Your worst 401(k) mutual funds get a “stop loss.”

To limit future 401(k) stock market damage.

A 401(k) cash balance at the best time possible.

For the upcoming stock market “sale.”

Your full participation in the stock market decline is optional.

Your 401(k) stock market risk can be well managed.

In the early stages of this stock market decline.

I suggest a common sense 401(k) principal preservation strategy?

There is no need to leave your 401(k) principal unprotected.

All you need is a second opinion. You deserve it.

Ric Lager
Lager & Company, Inc.

P.S. Don’t be “surprised” by a stock market decline.
You have options to protect your 401(k) principal.