UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: 3muttsmom Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76395  
Subject: 401(k) advice Date: 6/30/2004 5:29 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Looking for some advice.

My employer, in response to results of an associate survey done last year, has decided to allow us to reallocate the company stock in our 401(k)'s (all matching goes into company stock) into the other funds in the plan! Up till now, we had to hold the stock until age 55! Woohoo!

Okay, so between DH's 401(k), my 401(k), and my cash balance plan (company puts 5% of my compensation in - I don't contribute) our current breakdown is as follows:
Large Cap - 25%
International - 24%
Small/Mid Cap - 31%
Company Stock - 19%
Cash - 1% (guess this is what's held in the funds??)

Anyway, we've been putting 1/3 of our contributions into each of the large, international, and small/mid and due to performance, this is the current breakdown.

So, my question is: I know I want to move some or all of the $$ in the company stock to other funds, but where? I can move 1% to 100% of it - my choice. Future matching will continue to go into company stock, so I'll have to manually reallocate every so often - a PITA, I know.

My funds are proprietary funds, but we do now have the Vanguard Total Stock Market Fund and there's a REIT and bond funds (not interested in this yet). Would you Fools move it into the Vanguard fund, divide it between what I already have, maybe diversify some into the REIT?

Decisions...decisions...

Thanks for any advice.
3MM
BTW, my company stock is a large cap stock, as well.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement