So I yesterday changed my position on my work 401k to track the SP500 through VIIIX fund. Previously it was on Blackrock Blended Investment (LIZKX).
I figured the returns tracking SP500 would be greater. Also the Expense ratio is less (0.02 on Vanguard Index vs 0.09 on Blackrock Index)
I currently contribute 3% but thinking of bumping it to 5% now that I changed the position (employer matches 5%)
Do you think this was a good idea?
EDIT: guys I’ve bumped it 5%