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Ryan is with us in San Antonio. Hey Ryan how are you?

Hi Dave and George thanks for taking my call. Sure what's up? I got a question about a under performing mutual fund in my 401k

little backstory about 12 months ago. Define under performing. It's out of the all the mutual funds options in my 401k last 12 months it's been pretty much the worst performing mutual fund.

What category is it? What category of fund is it? Small cap. So I guess that translate to aggressive aggressive a small cap. Yeah. Yeah exactly.

How does it compare to other small cap funds out in the world?

Worst off than most of the other ones but I do see that the other ones are not doing so great the past couple months as well.

I wasn't a passive aggressive question because but that's how you compare. You don't compare your small cap to your growth and income and say oh I'm ditching the small cap because the small cap may be having a rough season.

Small companies who are more susceptible to volatility and weird times like we're in and so it may have taken a hit. I didn't even looked at mine I don't know but but you don't compare you don't say oh my small cap is under performing my growth and income but if your small cap is under performing most all other small caps or other small caps that you have inside your options of your 401k then yes you would jump off that horse.

Does that make sense? Yeah I do and I guess my main question is like how long would you hold on to a growth the under performing mutual fund I feel like 12 months isn't that long enough not ready to.

No that's enough 12 months is enough if it is if it's under performing if it's one of the in the bottom 10% of all small caps or of you know it's substantially off for 12 months I'm probably jumping.

If you got another small cap to go to in the 401k but I want you in growth growth and income aggressive growth international and the aggressive growth is a small cap so you need to have something in that category that you jump to and but the trick is not to say oh my mutual funds are down well let's not market might be down oh my mutual funds are down well that category of start of fun might be down that doesn't mean we destroy the diversification we still ride the horse then.

But if but if all small caps are up and yours is down well you got a sucky fun jump out after 12 months I'd be out of it.

That makes sense I appreciate your input. Hey man thanks for the call that's important because the people we want all four categories to do well all the time and they almost never do that's why you have four categories.

Yeah it's well balanced. If one is going down chances are another one's going up and we've seen international has not been doing so hot for years now but when the other one is going up.

But when the other ones go down international tends to bump up and so we want that balance there it kind of feels like you're at the grocery store and you choose the right line and you go that line is going to be the fastest and you get in and you go oh my gosh this lady's using coupons and a check this is going to take four hours I should have gone on the other line so you jump to the other line so it's a little bit of that dance you're feeling there where you chose just never works and doesn't even work in the grocery store line you go from one of the other and it's just and then that one's clock and then they got to do a price check I mean oh my gosh you know it's like right you're right.

You're right so you just got to keep track of it play through play through and you know the other one I do and I do all of these except with the investments I don't do with investments but you're riding down the road and you you know you see the traffic's back and up so you pop up pop up the app right and say oh I got to get off and as soon as you get off it starts moving.

Yeah right.

I'm going to go around the country road as soon as you do that it starts moving you should just sat there and played the course.

No, not me.

I have the patience of a flea so no.

Except when it comes to investing.

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