2 ms·

don't most 401ks offer index funds?

• jerrya 15y ago
  Right, so the corollary seems to be: "Unless you are bignum rich, the best investment strategy is to put your money into a market index fund (Vanguard 500) and wait..."
• tedunangst 15y ago
  They also have the all cash option, which by itself offers a very good return if you factor in matching and tax benefits. And if you switch jobs somewhat frequently you can roll it over into a no fee IRA you manage without necessarily worrying about the state of the market when you do the rollover.
• fennecfoxen 15y ago
  My Fidelity 401(k) had an S&P 500 index fund. Expense ratio was something like 1.2%. Yes, you can get those for 0.06% as an ETF. Yes, the extra 1% is probably substantially yacht money.