Consulting

My 401k yielded 2% on the year. What am I doing wrong? First timer.

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One issue could be that you don't know what you invested it in.

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Move. It. To. A. S&P500. Index. Fund.

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If you don't know what you are doing then go the easy route with the "target retire XXXX" funds. Low fees and you don't need to keep jiggering with the mix.

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Second to the sp500 fund. Possibly also a larger index fund too, maybe something based on Russell 2000 or a 'total market'

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You will have low and negative returns some years. It works out over the long term if you are diversified and taking on the appropriate level of risk.

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What did you invest it in?

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Don't recall off top of my head. I think it was heavy on index funds, then the remaining was split across real estate and emerging markets.

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But I don't really know what I'm doing here

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What returns are typical for you and those you know? And what do you invest in to achieve those returns?

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You're investing in the wrong things, I guess!

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What PwC1 said.

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What ACN1 said

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Also that way if the markets turn it's not "your" fault

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This prompted me to check mine. -.03% in 2016. Helpppp

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13% thru September. Mostly in mid cap index fund.

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