BrightScope, a La Jolla, Calif.-based firm that analyzes retirement plans, estimates that 28,000 401(k) and other employee savings accounts have $88 billion invested in Pimco Total Return. The money in 401(k) plans is dispersed across small accounts held by many investors who are notoriously “sticky,” or slow to take action. The plan sponsors who oversee retirement accounts tend to move sluggishly as well.
If one wants to learn about the strategies of investments, one should not be afraid to face changes of which are unexpected.
Would you share some of your changes?
