{ "media_type": "text", "post_content": "Sorry if this is a dumb question but how do y’all invest your 401k? I’m in whatever fund Microsoft chose as their default on Fidelity but I’m curious if it’s possible to invest in individual stocks or anything with more volatility/growth", "post_id": "6027e604fe58aa002ea1bcc4", "reply_count": 2, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

Sorry if this is a dumb question but how do y’all invest your 401k? I’m in whatever fund Microsoft chose as their default on Fidelity but I’m curious if it’s possible to invest in individual stocks or anything with more volatility/growth

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I put mine in a target date fund. They're not the best as the fees are higher than I would prefer, but my plan generally has lousy options and doesn't allow for self-directed investment (and even if it did I wouldn't have time to manage it.). Generally if your time horizon is long enough a good low-expense index fund like VOO or VTI or plan that invests similarly is a solid option. 401ks are generally money you don't want to put in high risk investments since they're your fallback. I maintain a separate account with some higher risk / higher reward type investments on top of mine to risk balance my portfolio.

I used to put it in a target date find. However, I didn’t feel the fees were worth it once I saw how little growth I was getting. So, I created a brokerage link within 401k and started investing on my own. I would highly recommend that if you aren’t happy with the funds that are offered within your 401k.

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