Ask HN: Where do you keep your 401k investments?

Agree that target date funds invest in bonds too early. I'm 100% in total market index since I'll be in the market for another 25+ years. May shift more towards target date funds as retirement approaches, but haven't thought that far ahead. I subscribe to the Bogle school of thought that low fee total market index funds + time in the market is virtually impossible to beat.

I rolled all my 401ks into an IRA on Betterment. They automatically buy Vanguard ETFs and some other stuff. Has some nice features like earnings projections and automatically setting your equity/bond composition (like you can set it to 10% bonds and it will automatically rebalance all your ETFs)

Have a financial advisor manage it on my behalf. They know the schedule of risk, but at least a portion of it will be in Vanguard (Fidelity), slowly phasing out stock for bonds as I become a decrepit cripple.

Vanguard's target date retirement funds furthest from retirement do not have a 100% stock allocation simply because studies have established that a 90/10 stock/bond portfolio outperforms a 100% stock allocation.

I think he&#x27;s asking more about which funds, but coincidentally I have 401ks at the same 3 places.<p>Everything is going towards a target date fund in vanguard with a low expense ratio. This should manage the risk for me. I am also contributing pre tax, since I expect to be in a lower tax bracket when I retire.<p>Oh also, I plan to eventually transfer the other two accounts into my current vanguard 401k. This is different from rolling over into an IRA. I think 401k is better since it has more legal protections

50% VTI (US Total Market Index), 25% AVUV (US Small-cap value), 25% AVDV (Developed World Ex-US Small-cap value)<p>Important to note I still have, if I&#x27;m lucky, 35 years or more until retirement. I&#x27;m betting the value factor premium will re-emerge at some point during that time. As I get closer to retirement I&#x27;ll rotate into more broadly diversified&#x2F;conservative stocks, but I see little point in holding bond funds in a portfolio for my situation.<p>That&#x27;s not to say I won&#x27;t own bonds outright when it makes sense. A good chunk of my security fund is in T-Bills and I-Bonds. But I can say from having lived through market downturns that I don&#x27;t panic-sell, so the &quot;portfolio stability&quot; argument for bonds is largely wasted on me. In retirement I plan to keep a multi-year cushion in a Federal Asset Money Market account (to avoid state&#x2F;local taxes) and the rest 100% stocks to maximize total long-term returns.<p>I&#x27;m a recipient of modest generational inheritance myself, my grandparents were dirt poor, my parents made it to upper middle class. It&#x27;s part of my job to keep the generational snowball rolling for my kids and (hopefully) future grandkids. Particularly if wealth inequality isn&#x27;t going to get any better.

Fidelity can do almost everything, and I consolidate there whenever I can. (And an employer&#x27;s non-Fidelity&#x2F;non-Vanguard 401k service is actually a reason to look forward to leaving the company, so that I can roll over my 401k treasure to Fidelity.)<p>The only thing Fidelity couldn&#x27;t do was way back when I wanted a Solo 401(k) that permitted loans, but they didn&#x27;t have a prototype plan for that, so I would&#x27;ve needed to find&amp;pay someone else draw up the plan document, to hand to Fidelity.<p>Fidelity even has HSAs now, and very convenient to buy&amp;sell within them, without the headaches and ridiculous investment options like I had with two other places.<p>They have most any kind of fund I was aware of. But lately I just stick with the simple low-expense-ratio total-market iShares ETFs, like ITOT&#x2F;IVV, AGG, IXUS, which have only a negligible fee upon selling. (IIRC, you can also get the Vanguard funds at Fidelity, but my backtesting of ITOT, etc., against Vanguard counterparts looked like they were equivalent.)<p>Cash in accounts can be moved automatically to&#x2F;from funds like FDRXX (4.99% yield) or SPAXX (4.96%), and my bank-like Cash Manager account uses an FDIC deposit sweep (2.72%).

My 401K as of this moment:<p>Traditional 401K: 100% GME<p>Roth 401K: 100% IBIT&#x2F;FBTC (bitcoin ETFs)<p>This is not investment advice, but my general rule is to use 401Ks and IRAs for, high-risk, high-gain, short-term, tax-inefficient trades.<p>My traditional 401K is mostly unvested company match. If GME crashes and I lose all of it, bleh, I change jobs earlier, no big deal. If GME skyrockets, I sell, then stay at my current company and vest that shit.<p>As for the roth 401K, I believe there is a high chance in BTC going up drastically more in the next 1 year, in which case I&#x27;ll sell and the government can&#x27;t lay their rotten hands on a penny of it. If BTC crashes due to some short term economic crisis, I&#x27;ll just hold until it goes back up some time in the next 25 years, which I believe is nearly certain.<p>My <i>normal brokerage account</i> is where I do long-term index funds and long-term investments, because they are already taxed much less at long-term rates, and I can sell them at a future time when they would be taxed <i>even less</i> (e.g. hypothetical future gap year with intentionally zero income, hypothetical future time I&#x27;m not living in California).

Vanguard, but instead of using target date funds I choose the index fund allocation manually. The target date funds basically just hold 4 index funds. If you are in a tax advantaged account, it&#x27;s pretty trivial to just update those allocations once a year to pay lower fees.

I have a traditional IRA account at one of the major brokerages, and I roll-over each employer 401k to that account when I&#x27;m done with that employer. Then I just invest it in VOO and a couple similar ETFs. Plenty of flexibility and no charges for the purchases.

Vanguard target retirement 2060 for 401k &#x2F; IRA, and 2040 for my brokerage. I try to keep it simple.<p>Each time I leave a job I roll into Vanguard so I&#x27;m not paying more fees each year for no reason.<p>If you don&#x27;t want 10% bonds, then use VTSAX maybe.

Assuming these are for jobs I’ve left, I’m using Fidelity rollover IRAs, with 100% of the funds in FZROX. It has performed amazingly over the years. I would describe it as the lazy man’s yolo

Are you old enough to have experienced a bear market? Investing 100% in stocks can suffer big drawdowns when there is an extended bear market say down 40% over several years. I would diversify with small portions (5-10% each) in gold, crypto, bonds and cash. If you are dollar cost averaging into stocks it&#x27;s important to keep investing when stocks are going down. Also assume you own your own home - if not that should be your first priority.

I might sound like a bad idea to hold bonds so far from retirement but it can sometimes work out better than solely index funds.<p>If the market crashes you&#x27;ll be heavy on bonds and able to buy the dip when you rebalance.<p>Check this out: <a href="https:&#x2F;&#x2F;www.amazon.com&#x2F;Bogleheads-Guide-Investing-Taylor-Larimore&#x2F;dp&#x2F;1118921283" rel="nofollow">https:&#x2F;&#x2F;www.amazon.com&#x2F;Bogleheads-Guide-Investing-Taylor-Lar...</a>

was in similar position -- rolled all previous employers into vanguard IRA, self directed; VTI, NVDA, JPM, COST, MRK...<p>have not regretted decision to take direct control

I am a VTSAX and chill-er. Before doing the math, I spent years with an EFE managed account that would’ve eaten $100,000s in fees over the life of the account, which seems like overkill to shuffle around a few index funds in a 401k. I should’ve become an investment banker.

My 401k is at Fidelity and split 80% into SP500 and 20% into the target retirement fund for my age. It was the other way around and like the OP I soon realized how much I was losing. I&#x27;ll probably ease it back into the target fund as I get closer to retirement.

Vanguard. Fidelity has some nice low-cost index funds in the style of Vanguard, as well.

I have my 401k managed through Vanguard currently. Previously Principal with a former employer. I have other savings and investment in other providers, managed by a financial advisor.

Bogleheads is leaking ...<p>Just get an asset allocation of index funds you&#x27;re happy with and roll with it. The &quot;three fund portfolio&quot; is hard to beat for simplicity.

Have everything in Schwab.<p>Portfolio is a modified ben felix portfolio with a small allocation to qmom and individual stocks. No bonds

Ask yourself whether you want to optimize the P10, P50, or P90 outcome.

VT and chill. Add BND &#x2F; BNDW if you wish.

Vanguard. It&#x27;s been doing amazingly

Tqqq

100% SCHD.

Vanguard because it supports passkeys.<p>If you want that much risk, day trading might be an option