While diligence is to be applauded, thatâs not to say you canât carry it to an extreme. If fact, some folks are so hung up on fees, they sometimes fail to see the bigger picture.
Tag "Andrew Wang"
Itâs understandable, given the many hats plan sponsors wear, that mistakes will be made. The challenge is to not dwell on them, but to have a reasoned and determined process to address and correct them.
Investing through mutual funds, including TDFs, is like using mass transportation. Itâs not ideal but for many itâs the only realistic choice.
With the pain of the Target Date Fund 2008/09 market crash debacle still lingering in the mind, to best assess the potential fiduciary liability inherent in TDFs â no matter what safes harbors were promised by the PPA â itâs critical that 401k plan sponsors understand whatâs good about them, whatâs bad about them, and just why theyâre so popular.
Why do so many common sense notions fail to work in the investment world?
