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[-] ryathal@sh.itjust.works 4 points 1 month ago

That advice seems like a red flag. There are way more options to diversify investments in an IRA than a 401k, you can also invest in the same funds through an IRA that are available to your 401k. Either way you end up paying fees to someone as well.

[-] TheRealKuni@lemmy.world 1 points 1 month ago

Oh sure, he’s not saying don’t diversify. That was specifically about the small amounts from previous employers. Like, I had worked at a place for about a year, and the amount in that account wouldn’t be worth him taking over.

this post was submitted on 14 Nov 2024
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