Mutual funds are like dinosaurs. With ETFs with low fees and diversification, why invest in a mutual fund where majority of funds cannot even beat the indexes? There is a lot of mutual funds in 401k's where they take your monies but, restrict you transferring even among the funds to 4 times a year? Can you believe that BS? With the huge volatility in the stock market, you should at a minimum be able to move your funds in and out of mutual funds if needed. I have rolled my 401Ks to IRAs with a broker. I can pretty much buy what I want be it stocks, ETFs, options, etc. to better manage my funds.
