Smart401k October 1st Allocations Update
Today we updated our Smart401k client recommendations to reflect how we believe our clients should currently invest in their 401(k). (Note to current clients: you view your updates by signing into your account at https://www.smart401k.com/Login.aspx)
I’m telling you this because one of the most frequently asked questions we get at Smart401k is regarding how often we update client recommendations. The answer is that we make an allocation update whenever we think market conditions warrant a change from our current recommendations, but at least on a quarterly basis.
An allocation update is a change to the relative percentage holdings of the investments we recommend. Our changes are based on intermediate-term economic trends (not short-term market ups and downs) and our perception of imbalances in different market segments (i.e. asset classes). We also review fund recommendations and make changes when necessary during our regular plan fund reviews.
If you’ve been waiting for a good time to try our Smart401k service, now might be it.
To learn more or sign up, please go to http://www.smart401k.com/Individual.aspx. Anyone that is a client by October 9th will receive our client-only newsletter that includes our 2nd quarter recap and current market commentary, including an update from Adam Bold, our Chief Investment Officer.
Note that Smart401k serves clients with investments in any employer sponsored retirement plan, including 401(k), 403(b), 457 deferred compensation plans, and the Federal Government Thrift Savings Plan.
Scott Revare
CEO, Smart401k
