401k Question

Investing
#1

Hello and thanks for your post on choosing a plan for your 401k . I have my 401k being manage and looking the cost I going to drop the advisor. They are basically invested me in 3-4 index funds large cap - small/mid cap. Foreign and large cap a&o 500. With that said my question is my plan allows me to invest in pretty much anything I want to based on my discussion with Fidelity. So would you recommend me staying with normal index’s or me researching a ETFs that Choosing 1 or 2 or got back to a normal target date fund… I going to just research my options and from you post looking for general opinions about how I should research… I am looking for someone bounce the ideas of off. Great information and thanks for sharing

Here is my current mix below

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#2

Hey @Haynes1!

Are you sure this is a 401k? Offered through your current employer? It sounds to me more like a brokerage account or Roth IRA. I’ve only seen 401ks that offer a limited selection of investments that the employer chooses. (I may have just not encountered this type yet though)

#3

Yes I understand I was as surprised as you were I always only had the target fund selections in the past. I just happened to call to ask about fees that I was being charged for the financial advisor benefit and found that I could invest like with my normal brokerage account that I have. It is my 401k as I use to have a traget fund until I switched to my current advisor options about 2 years ago. Anyway long story short I can invest in almost everything that I can in my normal fidelity brokerage account. I had the same reaction when the customers rep told me about the options. I looked into my list of options tonight to validate and that is last one on the list.
Below is how I am currently invested in my 401k my employer plan is thur Fidelity

Thanks

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#4

I don’t recognize those ticker symbols… they’re not normal ticker fund symbols (that are all letters and mutual funds always end in an X).

But if you really can invest in anything, I’d choose a target date index fund! The ticker symbols for Fidelity are listed at the bottom of this article:

#5

Thank you,. They seem to be some version on index funds . One is s&P 500, one is a foreign index fund Non us equity blend , and the other us eq all cap blend, which makes up the majority of my 401k. The other two make up less than 2%. Thanks for your help!

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