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Old 09-27-2016 | 08:52 AM
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mike734
New boss = Old boss
 
Joined: Mar 2005
Posts: 2,763
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From: Ca B737
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Most financial advisors I've interviewed do not have the authority to trade within a 401k. Most of them are interested in managing rollover IRAs and other investment accounts not associated with an employer. They generally charge 1% of assets under management. Too much for too little in my opinion.

There is a strategy called, "Dual Momentum" that has returned over 17% per year since 1974. It's simple. It's cheap. And it's effective. Check it out here: Momentum
Just read up and make up your own mind. Past performance is no promise of the future but I like the simplicity of the system.
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