401K investments strategy or just luck??

[JAque]

I have 4x 401K accounts, 2 from present employers (wife & I) and 2 from past employers. Due to the limited number of options to invest within a familiy (like Fidelity , only 10 different funds in my employer's portfolio). Is there an strategy for these 401K plans or just hope for the best? I try each year to move some money to the one that performed better and diversify the money in bonds/stocks Mutual funds but I don't think it makes much difference. Since I have invested for the last 18 years, I have a considerable amount of money but there was no investment plan behind it.

The only individual stocks that I have a choice to buy are GM & GMH.

Is it truly a roll of the dice for all these 401K accounts?

thanks in advance..


JAque