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A comment on How Many Mutual Funds Routinely Rout the Market? Zero. Parent comment

Re:How Many Mutual Funds Routinely Rout the Market? Zero by gleenn on Sunday March 15, 2015 @12:15PM (#9206982)
My coworker at an old job did exactly that: found a matching Vanguard fund with nearly identical funds to our 401K. It had 1/6th the fees and that company lost a significant amount of my money. The tax benefits of the higher tax free cap for 401K's versus just having an IRA were definitely not made up for by how poorly my 401K's investments went.

tl;dr: open an IRA, buy Vanguard

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Re:How Many Mutual Funds Routinely Rout the Market? Zero by jannotti on Sunday March 15, 2015 @01:26PM (#9207244)
With the caveat that if your job does any 401k matching, you should take advantage of it. Automatic 100% return is hard to beat.

(And then if you switch jobs, roll it over into a Vanguard IRA.)

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Re:How Many Mutual Funds Routinely Rout the Market? Zero by aet on Sunday March 15, 2015 @01:22PM (#9207224)
I would also add: save more. Yes, reducing fees is important, but equally important is simply increasing the amount you put away.
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