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Investment Q&A

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Q: I have recently taken over managing a 401K that is comprised of many ETFs. I have never owned an ETF prior but am wondering if this setup is reasonable. It feels like too many ETFs with a fair bit of overlap. Currently equal weights of: XLV, XLI, XLY, XLK, XLRE, XLU, XLP, XLF, XLC, XLE. Your thoughts - some of these the fees are a bit high as well!
Read Answer Asked by kelly on September 18, 2018