In 2018 my job has moved our funds to TIAA Financial Services and I dislike it. They practice seemed shady to me.
They make it hard for you to see details of your accounts. You will not see where you over/ underperformed.
They keep pushing you to let them invest from but I learned from experience that no one will care about your money performance more than yourself
. Most of these funds will charge you for “buying & selling ” I guess that is how they operate.
BE CAREFUL not to buy multiple stocks at once w them. Just buy 1 each paycheck.
Example: if they charge $30/transaction and you split you investment in 3 every paycheck, you’ll pay them $90/paycheck( paid every 2 weeks). 90×2=$180/month.
180*12= $2160/yr. your cost in 30 years would be: $2160x 30= $64,800.
Bank never focus on short term, they focus on long-term. So should you.
That is -$64,000 you will have on your retirement.