Black Diamond wrote:
At present its not worth much at all, but I'm in a Chase small growth cap inst . Currently down a tad but given the lax oversight , should I hope it comes to even then switch funds? Or let it level off , quiet down hope "too big to fail" pulls their collective heads out of their asses and ride it out?
Really out of my element here and have only just started on a 401K. also into a wells fargo thing on it too.
should I try to distance myself from JPM?
This is a fund run by Chase? Only tie in is people work for the bank... If you like performance, don't change...
If this is the only thing you are investing your 401K, you should diversify.
sorry, its a JPM run thing. I'm in 4 areas.
WF Stable return @ 50% of contribution, Blackrock inflation protected bonds @ 10%, JPM small cap growth inst @20%, and a WF advantage growth fund @20%.
Am contirbuting 6% with company match at 50% right now. Will increase my contribution when I make some more per mile or change jobs.
SO even with this fuck up , I'm better served by staying the course with them?
Not today Sir, Probably not tomorrow.
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