Most people aren’t talking about investing with stocks. They’re talking about mutual funds and 401ks, which will grow if you just leave them be. If you try mucking around with them you’re going to be much worse off.
That is true only to a point. If I look at the funds (401k) and realize it is consistently performing poorly why would I not dump it and find something that is consistently performing better?
They’re talking about mutual funds and 401ks, which will grow if you just leave them be.
Wrong. If you switch jobs your place of employment will offload your 401k funds to the world’s shittiest scummiest organization that will steal as much as they can in the form of fees.
Most people aren’t talking about investing with stocks. They’re talking about mutual funds and 401ks, which will grow if you just leave them be. If you try mucking around with them you’re going to be much worse off.
That is true only to a point. If I look at the funds (401k) and realize it is consistently performing poorly why would I not dump it and find something that is consistently performing better?
Wrong. If you switch jobs your place of employment will offload your 401k funds to the world’s shittiest scummiest organization that will steal as much as they can in the form of fees.
Maybe yours did, but that’s not how it generally works.