What do I invest my PG&E 401(k) account in?

 

My second episode means I have passed 12% of all podcasts! It’s my first day as a podcaster, and I am already a success! If I produce 13 more episodes, I will be in the top 50% of all podcasts for the most shows.

In this episode, I review an article from CNBC entitled “This chart shows why investors should never try to time the stock market.” It shows you how missing the 10 best or worst days over a decade severely impacts your outcome. The moral of the story is most people are not that prescient to be able to pinpoint the best or worst days over any time period.

I help many PG&E employees manage their PG&E Retirement Savings Plan [PG&E 401(k)]. I frequently get a question: What should I invest my PG&E 401(k) in? Many people just starting out don’t understand the 401(k) and usually, go with the default option. If you don’t plan on watching your account, the default option is better than putting it in cash, in my opinion. You can do better, whether you get help from a professional or do it yourself.

As a PG&E Retirement Specialist, I help employees maximize their PG&E 401(k) matching contributions and take advantage of the BrokerageLink option that is available to all PG&E 401(k) participants.